Ascent Resources (LON:AST) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Ascent Resources Plc (LON:ASTGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.44 and traded as low as GBX 0.43. Ascent Resources shares last traded at GBX 0.45, with a volume of 221,348 shares trading hands.

Ascent Resources Price Performance

The stock has a fifty day moving average of GBX 0.48 and a two-hundred day moving average of GBX 0.44. The stock has a market cap of £3.61 million, a price-to-earnings ratio of 0.00 and a beta of 0.01. The company has a quick ratio of 0.24, a current ratio of 0.39 and a debt-to-equity ratio of -126.99.

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

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.

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