TomCo Energy (TOM) Trading Up 9.6%

Shares of TomCo Energy Plc (LON:TOM) were up 9.6% during trading on Thursday . The stock traded as high as GBX 2.96 ($0.04) and last traded at GBX 2.96 ($0.04). Approximately 627,071 shares were traded during trading, an increase of 1,214% from the average daily volume of 47,733 shares. The stock had previously closed at GBX 2.70 ($0.04).

The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 2.69. The company has a market cap of $2.52 million and a P/E ratio of -1.97.

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About TomCo Energy (LON:TOM)

TomCo Energy Plc operates as an oil shale exploration and development company primarily in the United Kingdom and the United States. It holds 100% interests in two oil shale leases comprising five blocks covering approximately 2,919 acres; and interests in 7 mineral leases covering approximately 12,500 acres located in Uintah County, Utah.

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