Ascent Resources Plc (LON:AST – Get Free Report) shot up 16.3% on Friday . The company traded as high as GBX 0.38 and last traded at GBX 0.38. 1,200,920 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 1,481,173 shares. The stock had previously closed at GBX 0.33.
Ascent Resources Price Performance
The company’s 50-day simple moving average is GBX 0.38 and its 200 day simple moving average is GBX 0.40. 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 stock has a market capitalization of £3.16 million, a price-to-earnings ratio of 0.00 and a beta of 0.01.
Ascent Resources Company Profile
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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