Ascent Resources (LON:AST) Shares Down 13.1% – Should You Sell?

Ascent Resources Plc (LON:ASTGet Free Report) fell 13.1% during trading on Tuesday . The company traded as low as GBX 0.35 and last traded at GBX 0.37. 378,000 shares were traded during trading, a decline of 83% from the average session volume of 2,161,808 shares. The stock had previously closed at GBX 0.42.

Ascent Resources Price Performance

The stock has a market capitalization of £2.96 million, a PE ratio of 0.00 and a beta of 0.01. The company has a debt-to-equity ratio of -126.99, a current ratio of 0.39 and a quick ratio of 0.24. The firm’s 50 day simple moving average is GBX 0.45 and its 200 day simple moving average is GBX 0.42.

Ascent Resources (LON:ASTGet Free Report) last announced its quarterly earnings data on Monday, September 29th. The company reported GBX (34) earnings per share (EPS) for the quarter. Ascent Resources had a negative net margin of 3,901.89% and a positive return on equity of 432.64%.

About Ascent Resources

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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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