Indus Gas Limited (LON:INDI – Get Free Report)’s stock price fell 1.2% during mid-day trading on Friday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 8.20 ($0.10). 288,790 shares changed hands during trading, an increase of 19% from the average session volume of 242,106 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Stock Performance
The stock’s 50-day moving average is GBX 8.70 and its 200-day moving average is GBX 9.42. The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14. The stock has a market cap of £14.55 million, a price-to-earnings ratio of 99.38 and a beta of 0.70.
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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