TomCo Energy (LON:TOM) Stock Price Up 13% – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) were up 13% 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 changed hands 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 company has a 50-day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.04. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The stock has a market capitalization of £3.12 million, a P/E 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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