Ascent Resources (LON:AST) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Ascent Resources Plc (LON:ASTGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.43 and traded as low as GBX 0.40. Ascent Resources shares last traded at GBX 0.40, with a volume of 4,430 shares traded.

Ascent Resources Price Performance

The company’s fifty day simple moving average is GBX 0.46 and its 200-day simple moving average is GBX 0.43. The firm has a market capitalization of £3.24 million, a PE ratio of 0.00 and a beta of 0.01. The company has a debt-to-equity ratio of -126.99, a current ratio of 0.39 and a quick ratio of 0.24.

Ascent Resources (LON:ASTGet Free Report) last posted its quarterly earnings data on Monday, September 29th. The company reported GBX (34) earnings per share for the quarter. Ascent Resources had a positive return on equity of 432.64% and a negative net margin of 3,901.89%.

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.

Further Reading

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