Ascent Resources Plc (LON:AST) Insider Andrew Dennan Buys 550,000 Shares

Ascent Resources Plc (LON:AST) insider Andrew Dennan purchased 550,000 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of GBX 2 ($0.03) per share, with a total value of £11,000 ($13,789.65).

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

• On Friday, December 20th, Andrew Dennan sold 2,173,913 shares of Ascent Resources stock. The shares were sold at an average price of GBX 2 ($0.03), for a total value of £43,478.26 ($54,504.53).

Ascent Resources Stock Performance

Shares of AST stock opened at GBX 2.03 ($0.03) on Wednesday. The company has a quick ratio of 0.24, a current ratio of 0.39 and a debt-to-equity ratio of 1.37. The company has a market cap of £4.83 million, a P/E ratio of -1.86 and a beta of 0.01. Ascent Resources Plc has a 52 week low of GBX 1.40 ($0.02) and a 52 week high of GBX 3.90 ($0.05). The business has a 50 day moving average of GBX 1.61 and a two-hundred 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.