Ascent Resources Plc (LON:AST) Insider Buys £11,000 in Stock

Ascent Resources Plc (LON:AST) insider Andrew Dennan purchased 550,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average price of GBX 2 ($0.03) per share, with a total value of £11,000 ($13,789.65).

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

• On Friday, December 20th, Andrew Dennan sold 2,173,913 shares of Ascent Resources stock. The stock was sold at an average price of GBX 2 ($0.03), for a total transaction of £43,478.26 ($54,504.53).

Ascent Resources Stock Performance

Shares of Ascent Resources stock traded up GBX 0.23 ($0.00) on Tuesday, hitting GBX 2.03 ($0.03). The stock had a trading volume of 5,395,427 shares, compared to its average volume of 838,568. The company’s 50 day moving average price is GBX 1.61 and its 200 day moving average price is GBX 1.74. The stock has a market cap of £4.83 million, a price-to-earnings ratio of -1.86 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 1.37. Ascent Resources Plc has a 52-week low of GBX 1.40 ($0.02) and a 52-week high of GBX 3.90 ($0.05).

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.