Shares of Ascent Resources Plc (LON:AST – Get Free Report) dropped 10.2% during trading on Friday . The stock traded as low as GBX 0.45 and last traded at GBX 0.49. Approximately 138,001 shares traded hands during trading, a decline of 96% from the average daily volume of 3,801,174 shares. The stock had previously closed at GBX 0.55.
Ascent Resources Price Performance
The stock has a market capitalization of £4.01 million, a PE ratio of -0.01 and a beta of 0.01. The firm’s 50 day simple moving average is GBX 0.53 and its 200 day simple moving average is GBX 0.45. The company has a debt-to-equity ratio of -180.60, a current ratio of 0.44 and a quick ratio of 0.24.
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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