TomCo Energy (LON:TOM) Trading Down 2.3% – What’s Next?

TomCo Energy Plc (LON:TOM) was down 2.3% on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 2,572,860 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 15,363,164 shares. The stock had previously closed at GBX 0.04 ($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 simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.04. The company has a market cap of £1.57 million, a PE ratio of -0.87 and a beta of 0.93.

TomCo Energy (LON:TOM) last released its quarterly earnings results on Tuesday, March 11th. The company reported GBX (0.17) ($0.00) EPS for the quarter. TomCo Energy had a negative return on equity of 26.78% and a negative net margin of 6,760.87%.

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.