Indus Gas Limited (LON:INDI – Get Free Report)’s share price was up 2.9% during mid-day trading on Monday. The stock traded as high as GBX 1.80 and last traded at GBX 1.40. 2,132,657 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 1,987,221 shares. The stock had previously closed at GBX 1.36.
Indus Gas Price Performance
The stock has a market cap of £2.56 million, a P/E ratio of -0.01 and a beta of 0.70. The company has a current ratio of 0.16, a quick ratio of 0.80 and a debt-to-equity ratio of 2,711.22. The company’s fifty day simple moving average is GBX 1.40 and its 200-day simple moving average is GBX 1.40.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
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