Shares of Indus Gas Limited (LON:INDI – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.95 ($0.12) and traded as low as GBX 6 ($0.08). Indus Gas shares last traded at GBX 6.50 ($0.08), with a volume of 2,817 shares changing hands.
Indus Gas Stock Up 0.8 %
The business’s fifty day simple moving average is GBX 7.20 and its 200 day simple moving average is GBX 8.95. The stock has a market cap of £15.77 million, a price-to-earnings ratio of 1.95 and a beta of 0.70. The company has a current ratio of 3.20, a quick ratio of 0.80 and a debt-to-equity ratio of 237.78.
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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