Shares of Ascent Resources Plc (LON:AST – Get Free Report) dropped 5.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.55 and last traded at GBX 0.61. Approximately 8,070,200 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 3,865,352 shares. The stock had previously closed at GBX 0.65.
Ascent Resources Stock Down 5.7%
The company has a debt-to-equity ratio of -180.60, a quick ratio of 0.24 and a current ratio of 0.44. The company has a market cap of £4.97 million, a price-to-earnings ratio of -0.01 and a beta of 0.01. The business has a 50-day simple moving average of GBX 0.51 and a 200-day simple moving average of GBX 0.45.
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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