TomCo Energy (LON:TOM) Trading 13% Higher – Still a Buy?

TomCo Energy Plc (LON:TOMGet Free Report) shares rose 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 Price Performance

The firm has a market capitalization of £3.12 million, a PE ratio of -34.00 and a beta of 0.93. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The company has a fifty day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.04.

About TomCo Energy

(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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