Indus Gas Limited (LON:INDI – Get Free Report) rose 5.8% during trading on Monday . The company traded as high as GBX 16.50 ($0.22) and last traded at GBX 14.60 ($0.19). Approximately 93,456 shares traded hands during trading, a decline of 69% from the average daily volume of 299,137 shares. The stock had previously closed at GBX 13.80 ($0.18).
Indus Gas Price Performance
The firm has a 50 day moving average price of GBX 8.58 and a two-hundred day moving average price of GBX 25.69. The company has a market cap of £23.05 million, a P/E ratio of 104.62 and a beta of 0.61. The company has a debt-to-equity ratio of 235.81, a quick ratio of 0.80 and a current ratio of 4.15.
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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