Ascent Resources Plc (LON:AST – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.76 ($0.02) and traded as high as GBX 2.05 ($0.03). Ascent Resources shares last traded at GBX 2.04 ($0.02), with a volume of 387,419 shares changing hands.
Ascent Resources Trading Down 0.7 %
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’s 50 day moving average is GBX 1.78 and its two-hundred day moving average is GBX 1.76. The stock has a market cap of £4.85 million, a price-to-earnings ratio of -1.87 and a beta of 0.01.
Insider Transactions at Ascent Resources
In other Ascent Resources news, insider Andrew Dennan sold 2,173,913 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of GBX 2 ($0.02), for a total transaction of £43,478.26 ($53,197.43). Insiders own 57.76% of the company’s stock.
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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