Indus Gas Limited (LON:INDI – Get Free Report)’s stock price traded down 16.6% during trading on Tuesday . The company traded as low as GBX 9.30 ($0.12) and last traded at GBX 9.30 ($0.12). 343,323 shares changed hands during trading, an increase of 10% from the average session volume of 311,316 shares. The stock had previously closed at GBX 11.15 ($0.14).
Indus Gas Stock Down 13.0 %
The business has a fifty day moving average of GBX 16.12 and a 200-day moving average of GBX 52.91. The stock has a market cap of £17.75 million, a PE ratio of 85.38 and a beta of 0.38. The company has a debt-to-equity ratio of 235.81, a current ratio of 4.15 and a quick ratio of 0.80.
About Indus Gas
Indus Gas Limited, together with its subsidiaries, operates as an oil and gas exploration and development company in Asia and Europe. The company engages in the exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas and condensate. It owns a 90% participating interest in the Block RJ-ON/6, a petroleum exploration and development concession covering an area of approximately 4,026 square kilometers located in onshore mid Indus basin, Rajasthan.
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