Ascent Resources (LON:AST) Hits New 52-Week Low – What’s Next?

by · The Cerbat Gem

Shares of Ascent Resources Plc (LON:AST – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02), with a volume of 19211 shares changing hands. The stock had previously closed at GBX 1.38 ($0.02).

Ascent Resources Stock Down 5.5 %

The business’s fifty day simple moving average is GBX 1.66 and its 200 day simple moving average is GBX 1.70. The stock has a market cap of £3.91 million, a price-to-earnings ratio of -1.33 and a beta of 0.01. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of -126.99.

Ascent Resources Company Profile

(Get Free Report)

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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