Shares of Indus Gas Limited (LON:INDI – Get Free Report) shot up 11.3% on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 8.85 ($0.11). 681,484 shares changed hands during mid-day trading, an increase of 179% from the average session volume of 244,410 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Trading Down 25.0 %
The company has a quick ratio of 0.80, a current ratio of 2.50 and a debt-to-equity ratio of 236.14. The stock’s 50 day moving average is GBX 8.68 and its two-hundred day moving average is GBX 9.39. The company has a market capitalization of £16.47 million, a PE ratio of 112.50 and a beta of 0.70.
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 Articles
- Five stocks we like better than Indus Gas
- What is a Stock Market Index and How Do You Use Them?
- 5 Reasons DraftKings Stock Looks Promising in the New Year
- Trading Stocks: RSI and Why it’s Useful
- Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
- Investing in Travel Stocks Benefits
- The Next 2 AI Winners Have Triple-Digit Upside Potential
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.
