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

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price shot up 13% during mid-day trading on Friday . The stock traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 81,163,078 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 57,254,375 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Performance

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The stock has a 50-day moving average price of GBX 0.05 and a 200-day moving average price of GBX 0.04. The company has a market capitalization of £3.12 million, a price-to-earnings ratio of -34.00 and a beta of 0.93.

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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