Ascent Resources Plc (LON:AST – Get Free Report) shares fell 22% during mid-day trading on Friday . The stock traded as low as GBX 0.31 and last traded at GBX 0.39. 9,811,720 shares traded hands 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 current ratio of 0.44 and a quick ratio of 0.24. The stock has a market capitalization of £3.25 million, a P/E ratio of 0.00 and a beta of 0.01. The firm has a 50 day moving average of GBX 0.54 and a 200-day moving average of GBX 0.45.
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.
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