Insider Selling: Ascent Resources Plc (LON:AST) Insider Sells £43,478.26 in Stock

Ascent Resources Plc (LON:AST) insider Andrew Dennan sold 2,173,913 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of GBX 2 ($0.03), for a total transaction of £43,478.26 ($54,484.04).

Andrew Dennan also recently made the following trade(s):

• On Monday, December 23rd, Andrew Dennan acquired 550,000 shares of Ascent Resources stock. The stock was purchased at an average cost of GBX 2 ($0.03) per share, with a total value of £11,000 ($13,784.46).

Ascent Resources Stock Up 12.6 %

Ascent Resources stock opened at GBX 2.03 ($0.03) on Friday. The firm has a market capitalization of £4.83 million, a price-to-earnings ratio of -1.86 and a beta of 0.01. The firm’s fifty day moving average price is GBX 1.62 and its two-hundred day moving average price is GBX 1.74. Ascent Resources Plc has a 1-year low of GBX 1.40 ($0.02) and a 1-year high of GBX 3.90 ($0.05). The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of 1.37.

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.