Indus Gas Limited (LON:INDI – Get Free Report)’s stock price fell 12% during mid-day trading on Friday . The stock traded as low as GBX 7.30 ($0.09) and last traded at GBX 7.70 ($0.10). 213,053 shares were traded during trading, a decline of 18% from the average session volume of 258,462 shares. The stock had previously closed at GBX 8.75 ($0.11).
Indus Gas Stock Down 14.0 %
The firm has a 50-day moving average price of GBX 9.94 and a two-hundred day moving average price of GBX 10.02. The firm has a market cap of £13.77 million, a price-to-earnings ratio of 94.06 and a beta of 0.70. The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50.
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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