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

Ascent Resources Plc (LON:ASTGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02), with a volume of 82117 shares changing hands. The stock had previously closed at GBX 1.55 ($0.02).

Ascent Resources Price Performance

The company has a fifty day moving average price of GBX 1.67 and a 200 day moving average price of GBX 1.80. The company has a market cap of £3.69 million, a PE ratio of -1.42 and a beta of 0.01. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.39 and a quick ratio of 0.24.

About Ascent Resources

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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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