TomCo Energy (LON:TOM) Shares Up 13% – Should You Buy?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) were up 13% during trading on Friday . The company traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 81,163,078 shares were traded during trading, an increase of 42% from the average daily volume of 57,254,375 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Performance

The stock has a market cap of £3.12 million, a price-to-earnings ratio of -34.00 and a beta of 0.93. The company’s fifty day simple moving average is GBX 0.05 and its two-hundred day simple moving average is GBX 0.04. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

TomCo Energy Company Profile

(Get Free Report)

TomCo Energy Plc engages in the exploration and development of oil primarily in the United Kingdom and the United States. It holds exploration and development licenses comprising nine oil shale leases covering approximately 15,488 acres located in Uintah County, Utah. The company is based in Douglas, the Isle of Man.

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