Indus Gas Limited (LON:INDI – Get Free Report)’s share price was down 12% during mid-day trading on Friday . The company traded as low as GBX 7.30 ($0.09) and last traded at GBX 7.70 ($0.10). Approximately 213,053 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 258,462 shares. The stock had previously closed at GBX 8.75 ($0.11).
Indus Gas Stock Down 14.0 %
The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80. The company has a market capitalization of £13.77 million, a price-to-earnings ratio of 94.06 and a beta of 0.70. The business has a 50 day simple moving average of GBX 9.94 and a 200 day simple moving average of GBX 10.02.
Indus Gas Company Profile
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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