Ascent Resources (LON:AST) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Ascent Resources Plc (LON:ASTGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.41 and traded as low as GBX 0.30. Ascent Resources shares last traded at GBX 0.35, with a volume of 3,907,789 shares traded.

Ascent Resources Trading Up 0.6%

The company has a fifty day moving average of GBX 0.39 and a 200-day moving average of GBX 0.41. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of -126.99. The company has a market capitalization of £2.65 million, a price-to-earnings ratio of 0.00 and a beta of 0.01.

Ascent Resources Company Profile

(Get Free Report)

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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