Ascent Resources (LON:AST) Stock Crosses Below 200 Day Moving Average of $2.57

Ascent Resources Plc (LON:ASTGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.57 ($0.03) and traded as low as GBX 1.82 ($0.02). Ascent Resources shares last traded at GBX 1.95 ($0.02), with a volume of 1,893,079 shares.

Ascent Resources Stock Performance

The stock’s 50 day moving average is GBX 1.94 and its two-hundred day moving average is GBX 2.55. The firm has a market capitalization of £4.53 million, a P/E ratio of -8.64 and a beta of 0.01. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.81 and a quick ratio of 0.24.

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 based in London, the United Kingdom.

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