Ascent Resources (LON:AST) Reaches New 12-Month Low – Should You Sell?

Ascent Resources Plc (LON:ASTGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1.10 ($0.01), with a volume of 42524 shares. The stock had previously closed at GBX 1.13 ($0.01).

Ascent Resources Stock Down 2.2 %

The firm has a market capitalization of £3.31 million, a price-to-earnings ratio of -1.12 and a beta of 0.01. The stock has a fifty day moving average of GBX 1.51 and a two-hundred day moving average of GBX 1.67. The company has a debt-to-equity ratio of -126.99, a current ratio of 0.39 and a quick ratio of 0.24.

About Ascent Resources

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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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