Ascent Resources (LON:AST) Reaches New 52-Week Low – Here’s What Happened

Ascent Resources Plc (LON:ASTGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02), with a volume of 19211 shares. The stock had previously closed at GBX 1.38 ($0.02).

Ascent Resources Stock Down 12.7 %

The company has a quick ratio of 0.24, a current ratio of 0.39 and a debt-to-equity ratio of -126.99. The company has a fifty day simple moving average of GBX 1.63 and a 200 day simple moving average of GBX 1.70. The firm has a market capitalization of £3.61 million, a P/E ratio of -1.22 and a beta of 0.01.

Ascent Resources Company Profile

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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 headquartered in London, the United Kingdom.

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