Ascent Resources (LON:AST) Announces Earnings Results

Ascent Resources (LON:AST) announced its quarterly earnings results on Monday. The company reported GBX (34) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ascent Resources had a negative net margin of 3,901.89% and a positive return on equity of 432.64%.

Ascent Resources Stock Up 31.0%

AST stock traded up GBX 0.14 during midday trading on Monday, hitting GBX 0.60. The company’s stock had a trading volume of 26,821,891 shares, compared to its average volume of 2,250,685. The company has a market cap of £4.87 million, a PE ratio of -0.52 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 -126.99. The firm’s 50-day moving average is GBX 0.36 and its 200-day moving average is GBX 0.63. Ascent Resources has a 12 month low of GBX 0.26 and a 12 month high of GBX 2.40.

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.