Indus Gas Limited (LON:INDI – Get Free Report) fell 4.2% during mid-day trading on Saturday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 7.95 ($0.10). 409,246 shares were traded during trading, an increase of 69% from the average session volume of 242,603 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Price Performance
The business’s fifty day moving average is GBX 8.70 and its 200-day moving average is GBX 9.40. 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 firm has a market cap of £14.55 million, a PE ratio of 99.38 and a beta of 0.70.
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.
Featured Articles
- Five stocks we like better than Indus Gas
- Industrial Products Stocks Investing
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- What is a Special Dividend?
- CarMax Gets in Gear: Is Now the Time to Buy?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
Receive News & Ratings for Indus Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indus Gas and related companies with MarketBeat.com's FREE daily email newsletter.