Ascent Resources Plc (LON:AST – Get Free Report) rose 9.7% during mid-day trading on Wednesday . The company traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 71,972 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 768,381 shares. The stock had previously closed at GBX 1.55 ($0.02).
Ascent Resources Stock Up 9.7 %
The business’s 50-day moving average price is GBX 1.62 and its 200-day moving average price is GBX 1.75. The company has a quick ratio of 0.24, a current ratio of 0.39 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of £4.05 million, a PE ratio of -1.56 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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