Ascent Resources Plc (LON:AST – Get Free Report) shot up 9.1% during mid-day trading on Tuesday . The stock traded as high as GBX 0.69 and last traded at GBX 0.60. 8,069,408 shares changed hands during trading, an increase of 152% from the average session volume of 3,199,237 shares. The stock had previously closed at GBX 0.55.
Ascent Resources Trading Up 9.1%
The firm’s 50-day simple moving average is GBX 0.45 and its 200-day simple moving average is GBX 0.44. The company has a quick ratio of 0.24, a current ratio of 0.44 and a debt-to-equity ratio of -180.60. The firm has a market capitalization of £4.87 million, a PE ratio of -0.01 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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