Ascent Resources (LON:AST) Stock Price Down 14.8% – Should You Sell?

Ascent Resources Plc (LON:ASTGet Free Report)’s stock price dropped 14.8% during mid-day trading on Friday . The stock traded as low as GBX 1.07 ($0.01) and last traded at GBX 1.07 ($0.01). Approximately 433,004 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 643,202 shares. The stock had previously closed at GBX 1.25 ($0.02).

Ascent Resources Stock Down 14.4 %

The company has a debt-to-equity ratio of -126.99, a current ratio of 0.39 and a quick ratio of 0.24. The firm has a market capitalization of £3.22 million, a P/E ratio of -1.09 and a beta of 0.01. The business has a 50 day moving average price of GBX 1.61 and a 200 day moving average price of GBX 1.70.

Ascent Resources Company Profile

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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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