Indus Gas Limited (LON:INDI – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8.58 ($0.11) and traded as low as GBX 6.20 ($0.08). Indus Gas shares last traded at GBX 6.40 ($0.08), with a volume of 44,633 shares changing hands.
Indus Gas Stock Performance
The business has a fifty day simple moving average of GBX 6.97 and a two-hundred day simple moving average of GBX 8.58. The company has a market cap of £15.52 million, a P/E ratio of 1.92 and a beta of 0.70. The company has a quick ratio of 0.80, a current ratio of 3.20 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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