Ascent Resources (LON:AST) Shares Down 6.3% – Should You Sell?

Ascent Resources Plc (LON:ASTGet Free Report)’s share price was down 6.3% during trading on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.38. Approximately 1,575,756 shares traded hands during trading, an increase of 21% from the average daily volume of 1,299,261 shares. The stock had previously closed at GBX 0.40.

Ascent Resources Stock Performance

The company has a debt-to-equity ratio of -126.99, a quick ratio of 0.24 and a current ratio of 0.39. The company has a market capitalization of £3.04 million, a PE ratio of 0.00 and a beta of 0.01. The stock’s 50-day simple moving average is GBX 0.42 and its 200 day simple moving average is GBX 0.41.

Ascent Resources Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Ascent Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascent Resources and related companies with MarketBeat.com's FREE daily email newsletter.