Ascent Resources (LON:AST) Stock Passes Below 200-Day Moving Average – Should You Sell?

Ascent Resources Plc (LON:ASTGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.41 and traded as low as GBX 0.39. Ascent Resources shares last traded at GBX 0.40, with a volume of 32,315 shares changing hands.

Ascent Resources Stock Up 2.1%

The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of -126.99. The stock has a market cap of £3.11 million, a P/E ratio of 0.00 and a beta of 0.01. The firm has a 50-day simple moving average of GBX 0.41 and a two-hundred day simple moving average of GBX 0.41.

About Ascent Resources

(Get Free Report)

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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