Ascent Resources Plc (LON:AST – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.38 and traded as high as GBX 0.45. Ascent Resources shares last traded at GBX 0.42, with a volume of 1,142,876 shares changing hands.
Ascent Resources Price Performance
The firm has a 50-day simple moving average of GBX 0.38 and a two-hundred day simple moving average of GBX 0.41. The company has a market capitalization of £3.37 million, a price-to-earnings ratio of 0.00 and a beta of 0.01. The company has a current ratio of 0.44, a quick ratio of 0.24 and a debt-to-equity ratio of -180.60.
About Ascent Resources
Ascent Resources Plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company in Slovenia and the United Kingdom. It holds 75% interest in the Petiovci Tight gas project located in Slovenia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.
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