Shares of Ascent Resources Plc (LON:AST – Get Free Report) rose 10% on Wednesday . The stock traded as high as GBX 0.55 and last traded at GBX 0.55. Approximately 788,380 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,878,201 shares. The stock had previously closed at GBX 0.50.
Ascent Resources Trading Up 10.0%
The company has a debt-to-equity ratio of -180.60, a current ratio of 0.44 and a quick ratio of 0.24. The business’s 50 day moving average price is GBX 0.53 and its 200-day moving average price is GBX 0.45. The firm has a market capitalization of £4.46 million, a price-to-earnings ratio of -0.01 and a beta of 0.01.
About Ascent Resources
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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