Indus Gas Limited (LON:INDI – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 13.53 ($0.18) and traded as low as GBX 9.60 ($0.12). Indus Gas shares last traded at GBX 10.25 ($0.13), with a volume of 49,587 shares.
Indus Gas Stock Down 3.4 %
The stock’s 50 day simple moving average is GBX 11.23 and its two-hundred day simple moving average is GBX 13.53. The firm has a market cap of £18.11 million, a P/E ratio of 128.13 and a beta of 0.70. The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80.
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.
Featured Stories
- Five stocks we like better than Indus Gas
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- With Risk Tolerance, One Size Does Not Fit All
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
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.