Ascent Resources Plc (LON:AST – Get Free Report)’s share price dropped 14.8% on Friday . The company traded as low as GBX 1.07 ($0.01) and last traded at GBX 1.07 ($0.01). Approximately 433,004 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 643,202 shares. The stock had previously closed at GBX 1.25 ($0.02).
Ascent Resources Stock Down 14.4 %
The firm’s 50-day simple moving average is GBX 1.61 and its 200-day simple moving average is GBX 1.70. 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 £3.22 million, a price-to-earnings ratio of -1.09 and a beta of 0.01.
About Ascent Resources
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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