TomCo Energy (LON:TOM) Trading Up 17.9% – Should You Buy?

TomCo Energy Plc (LON:TOM) rose 17.9% during trading on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares were traded during mid-day trading, an increase of 237% from the average daily volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Trading Up 6.2 %

The company has a market cap of £2.71 million, a price-to-earnings ratio of -1.49 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. The firm has a fifty day moving average price of GBX 0.07 and a 200 day moving average price of GBX 0.04.

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.