Shares of Ascent Resources Plc (LON:AST – Get Free Report) were down 9.7% during mid-day trading on Wednesday . The company traded as low as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 100,000 shares traded hands during trading, a decline of 88% from the average daily volume of 808,082 shares. The stock had previously closed at GBX 1.55 ($0.02).
Ascent Resources Stock Performance
The company has a debt-to-equity ratio of 1.37, a current ratio of 0.39 and a quick ratio of 0.24. The business has a 50-day simple moving average of GBX 1.67 and a 200-day simple moving average of GBX 1.79. The firm has a market capitalization of £3.33 million, a PE ratio of -1.38 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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