Shares of Ascent Resources Plc (LON:AST – Get Free Report) fell 22% during trading on Friday . The stock traded as low as GBX 0.31 and last traded at GBX 0.39. 9,811,720 shares were traded during trading, an increase of 165% from the average session volume of 3,699,643 shares. The stock had previously closed at GBX 0.50.
Ascent Resources Stock Down 22.0%
The company has a debt-to-equity ratio of -180.60, a quick ratio of 0.24 and a current ratio of 0.44. The firm’s fifty day simple moving average is GBX 0.54 and its 200 day simple moving average is GBX 0.45. The stock has a market capitalization of £3.25 million, a price-to-earnings ratio of 0.00 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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