Ascent Resources (LON:AST) Share Price Passes Below Two Hundred Day Moving Average of $2.57

Ascent Resources Plc (LON:ASTGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.57 ($0.03) and traded as low as GBX 1.82 ($0.02). Ascent Resources shares last traded at GBX 1.95 ($0.02), with a volume of 1,893,079 shares trading hands.

Ascent Resources Price Performance

The business’s 50-day simple moving average is GBX 1.94 and its two-hundred day simple moving average is GBX 2.55. The stock has a market cap of £4.53 million, a price-to-earnings ratio of -8.64 and a beta of 0.01. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.81 and a quick ratio of 0.24.

Ascent Resources Company Profile

(Get Free Report)

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.

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