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

Ascent Resources Plc (LON:AST) insider Andrew Dennan sold 2,173,913 shares of the company’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of GBX 2 ($0.03), for a total value of £43,478.26 ($54,484.04).

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

• On Monday, December 23rd, Andrew Dennan bought 550,000 shares of Ascent Resources stock. The stock was acquired at an average price of GBX 2 ($0.03) per share, with a total value of £11,000 ($13,784.46).

Ascent Resources Stock Performance

LON:AST opened at GBX 2.03 ($0.03) on Friday. The business’s fifty day moving average is GBX 1.62 and its 200 day moving average is GBX 1.74. The firm has a market cap of £4.83 million, a price-to-earnings ratio of -1.86 and a beta of 0.01. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.24 and a current ratio of 0.39. 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).

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.