Indus Gas Limited (LON:INDI – Get Free Report)’s stock price was up 21.4% during trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 9.65 ($0.12). Approximately 607,143 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 244,104 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Stock Performance
The company’s fifty day simple moving average is GBX 8.68 and its 200 day simple moving average is GBX 9.39. The stock has a market capitalization of £16.47 million, a P/E ratio of 112.50 and a beta of 0.70. The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14.
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.
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