Ascent Resources (LON:AST) Stock Price Passes Below 200 Day Moving Average of $0.33

Ascent Resources Plc (LON:AST)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.33 and traded as low as $0.20. Ascent Resources shares last traded at $0.23, with a volume of 3,736,057 shares.

The company has a current ratio of 2.02, a quick ratio of 1.54 and a debt-to-equity ratio of 0.10. The firm has a market cap of $5.91 million and a P/E ratio of -2.25. The firm’s 50 day moving average is GBX 0.26 and its two-hundred day moving average is GBX 0.33.

About Ascent Resources (LON:AST)

Ascent Resources plc operates as an independent oil and gas exploration and production company in Slovenia. It principally holds a 75% interest in the Petišovci Tight gas project, which covers an area of 98 square kilometers located in north eastern Slovenia. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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