Ascent Resources Plc (LON:AST) Insider Andrew Dennan Sells 2,173,913 Shares of Stock

Ascent Resources Plc (LON:AST) insider Andrew Dennan sold 2,173,913 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of GBX 2 ($0.03), for a total value of £43,478.26 ($54,504.53).

Andrew Dennan also recently made the following trade(s):

• On Monday, December 23rd, Andrew Dennan purchased 550,000 shares of Ascent Resources stock. The stock was purchased at an average cost of GBX 2 ($0.03) per share, for a total transaction of £11,000 ($13,789.65).

Ascent Resources Stock Performance

Shares of Ascent Resources stock opened at GBX 2.03 ($0.03) on Wednesday. Ascent Resources Plc has a 12 month low of GBX 1.40 ($0.02) and a 12 month high of GBX 3.90 ($0.05). The firm has a market capitalization of £4.83 million, a P/E ratio of -1.86 and a beta of 0.01. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of 1.37. The business has a fifty day simple moving average of GBX 1.61 and a two-hundred day simple moving average of GBX 1.74.

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.