TomCo Energy (LON:TOM) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

TomCo Energy Plc (LON:TOM)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 0.05 ($0.00) and traded as low as GBX 0.04 ($0.00). TomCo Energy shares last traded at GBX 0.04 ($0.00), with a volume of 1,847,693 shares trading hands.

TomCo Energy Trading Down 2.6 %

The firm has a 50-day moving average of GBX 0.05 and a 200 day moving average of GBX 0.05. The company has a market cap of £1.45 million, a P/E ratio of -0.80 and a beta of 0.93. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06.

TomCo Energy (LON:TOM) last announced its quarterly earnings data 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%.

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.