Ascent Resources (LON:AST) Reaches New 52-Week Low at $1.60

Shares of Ascent Resources Plc (LON:ASTGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 1.60 ($0.02) and last traded at GBX 1.70 ($0.02), with a volume of 582704 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ascent Resources Trading Up 2.4 %

The company has a debt-to-equity ratio of 1.37, a current ratio of 1.06 and a quick ratio of 0.24. The stock’s 50 day moving average is GBX 1.81 and its 200-day moving average is GBX 2.11. The company has a market capitalization of £4.02 million, a P/E ratio of -3.38 and a beta of 0.05.

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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