Ascent Resources Plc (LON:AST – Get Free Report) shares shot up 12.4% during mid-day trading on Thursday . The stock traded as high as GBX 0.50 and last traded at GBX 0.48. 1,799,561 shares traded hands during trading, a decline of 31% from the average session volume of 2,602,772 shares. The stock had previously closed at GBX 0.43.
Ascent Resources Stock Up 12.4%
The business has a fifty day moving average of GBX 0.39 and a 200 day moving average of GBX 0.41. The company has a market capitalization of £3.88 million, a PE ratio of 0.00 and a beta of 0.01. The company has a current ratio of 0.44, a quick ratio of 0.24 and a debt-to-equity ratio of -180.60.
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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