Ascent Resources Plc (LON:AST – Get Free Report) rose 36.4% on Friday . The stock traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.25 ($0.03). Approximately 5,319,208 shares traded hands during mid-day trading, an increase of 587% from the average daily volume of 774,674 shares. The stock had previously closed at GBX 1.65 ($0.02).
Ascent Resources Stock Performance
The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.24 and a current ratio of 0.39. The company has a market capitalization of £4.51 million, a P/E ratio of -1.74 and a beta of 0.01. The business has a 50 day moving average of GBX 1.61 and a 200-day moving average of GBX 1.74.
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 headquartered in London, the United Kingdom.
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