Ascent Resources (LON:AST) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Ascent Resources Plc (LON:ASTGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.41 and traded as low as GBX 0.39. Ascent Resources shares last traded at GBX 0.40, with a volume of 32,315 shares changing hands.

Ascent Resources Stock Up 2.1%

The company has a debt-to-equity ratio of -126.99, a current ratio of 0.39 and a quick ratio of 0.24. The company has a market cap of £3.11 million, a P/E ratio of 0.00 and a beta of 0.01. The stock has a 50-day moving average of GBX 0.41 and a 200 day moving average of 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.

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