Ascent Resources (LON:AST) Shares Pass Below 200-Day Moving Average of $3.11

Ascent Resources Plc (LON:AST) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3.11 ($0.04) and traded as low as GBX 2.20 ($0.03). Ascent Resources shares last traded at GBX 2.20 ($0.03), with a volume of 629,309 shares trading hands.

Ascent Resources Stock Down 6.4 %

The company has a debt-to-equity ratio of 1.37, a current ratio of 0.81 and a quick ratio of 0.24. The business has a 50 day simple moving average of GBX 2.58 and a 200 day simple moving average of GBX 3.11. The stock has a market cap of £4.59 million, a PE ratio of -10.00 and a beta of -0.02.

Ascent Resources Company Profile

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 based in London, the United Kingdom.