Shares of Ascent Resources Plc (LON:AST – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02), with a volume of 54643 shares trading hands. The stock had previously closed at GBX 1.38 ($0.02).
Ascent Resources Trading Down 5.5 %
The company has a market capitalization of £3.91 million, a PE ratio of -1.33 and a beta of 0.01. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of -126.99. The business’s 50-day simple moving average is GBX 1.72 and its two-hundred day simple moving average is GBX 1.71.
Insiders Place Their Bets
In other news, insider Andrew Dennan sold 2,173,913 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of GBX 2 ($0.03), for a total value of £43,478.26 ($56,524.00). 57.76% of the stock is owned by company insiders.
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 headquartered in London, the United Kingdom.
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