Ascent Resources (LON:AST) Shares Pass Below Two Hundred Day Moving Average of $7.45

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Shares of Ascent Resources plc (LON:AST) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.45 ($0.10) and traded as low as GBX 5.55 ($0.07). Ascent Resources shares last traded at GBX 5.90 ($0.08), with a volume of 1,626,521 shares.

The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.69 and a current ratio of 0.71. The stock’s fifty day moving average is GBX 9.31 and its two-hundred day moving average is GBX 7.45. The firm has a market cap of £6.45 million and a price-to-earnings ratio of -0.54.

Ascent Resources Company Profile (LON:AST)

Ascent Resources plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company in Slovenia and Cuba. It primarily holds a 75% interest in the PetiÂovci Tight gas project located in north eastern Slovenia. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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