Ascent Resources (LON:AST) Stock Price Passes Above 50 Day Moving Average of $0.21

Ascent Resources Plc (LON:AST) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.21 and traded as high as $0.18. Ascent Resources shares last traded at $0.17, with a volume of 18,020,666 shares traded.

The firm has a 50 day moving average price of GBX 0.21 and a two-hundred day moving average price of GBX 0.30. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.73. The firm has a market capitalization of $4.68 million and a P/E ratio of -1.55.

About Ascent Resources (LON:AST)

Ascent Resources plc operates as an independent oil and gas exploration and production company in Slovenia. It principally holds a 75% interest in the Petišovci Tight gas project, which covers an area of 98 square kilometers located in north eastern Slovenia. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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