Ascent Resources Plc (LON:AST – Get Free Report)’s stock price fell 5.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.55 and last traded at GBX 0.61. 8,070,200 shares were traded during mid-day trading, an increase of 109% from the average session volume of 3,865,352 shares. The stock had previously closed at GBX 0.65.
Ascent Resources Trading Down 5.7%
The company has a current ratio of 0.44, a quick ratio of 0.24 and a debt-to-equity ratio of -180.60. The company has a fifty day simple moving average of GBX 0.51 and a 200-day simple moving average of GBX 0.45. The company has a market capitalization of £4.97 million, a PE ratio of -0.01 and a beta of 0.01.
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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