Indus Gas Limited (LON:INDI – Get Free Report)’s stock price was down 13.3% during trading on Friday . The company traded as low as GBX 6 ($0.07) and last traded at GBX 7.20 ($0.09). Approximately 322,023 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 242,243 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Stock Performance
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 has a market cap of £13.17 million, a P/E ratio of 90.00 and a beta of 0.70. The firm’s 50-day moving average is GBX 8.75 and its two-hundred day moving average is GBX 9.49.
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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