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

TomCo Energy Plc (LON:TOM) shares rose 13% during mid-day trading 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 traded 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 Trading Up 13.0 %

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 company’s 50 day moving average price is GBX 0.05 and its 200 day moving average price is GBX 0.04. The company has a market cap of £3.04 million, a price-to-earnings ratio of -34.00 and a beta of 0.93.

TomCo Energy Company Profile

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.