Ascent Resources (LON:AST) Reaches New 1-Year Low at $2.45

Ascent Resources Plc (LON:AST) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 2.45 ($0.03) and last traded at GBX 2.56 ($0.03), with a volume of 19860 shares changing hands. The stock had previously closed at GBX 2.55 ($0.03).

Ascent Resources Price Performance

The firm’s 50 day moving average price is GBX 3.17 and its two-hundred day moving average price is GBX 3.33. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.34 and a quick ratio of 0.24. The stock has a market cap of £4.23 million, a PE ratio of -8.23 and a beta of 0.28.

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 based in London, the United Kingdom.