Ascent Resources (LON:AST) Shares Cross Below 200 Day Moving Average of $0.24

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Ascent Resources Plc (LON:AST)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.24 and traded as low as $0.10. Ascent Resources shares last traded at $0.10, with a volume of 107,226,901 shares changing hands.

The stock has a 50 day moving average of GBX 0.14 and a 200-day moving average of GBX 0.24. The firm has a market capitalization of $3.02 million and a P/E ratio of -1.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.73.

About Ascent Resources (LON:AST)

Ascent Resources plc operates as an independent oil and gas exploration and production company in Slovenia. It principally holds a 75% interest in the PetiÂ?ovci Tight gas project, which covers an area of 98 square kilometers located in north eastern Slovenia. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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