TomCo Energy (LON:TOM) Trading Up 23.1% – Here’s What Happened

TomCo Energy Plc (LON:TOM)’s share price was up 23.1% on Monday . The stock traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 23,549,867 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 18,193,967 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Up 23.1 %

The stock’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.03. The stock has a market cap of £3.12 million, a P/E ratio of -34.00 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

About TomCo Energy

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.