Indus Gas Limited (LON:INDI – Get Free Report) was down 1.2% during mid-day trading on Friday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 8.20 ($0.10). Approximately 288,790 shares traded hands during trading, an increase of 19% from the average daily volume of 242,106 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Stock Down 4.2 %
The firm has a market cap of £14.55 million, a P/E ratio of 99.38 and a beta of 0.70. The firm’s fifty day moving average is GBX 8.70 and its 200 day moving average is GBX 9.42. The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50.
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.
Further Reading
- Five stocks we like better than Indus Gas
- What is a Dividend King?
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- Technology Stocks Explained: Here’s What to Know About Tech
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- Consumer Staples Stocks, Explained
- MarketBeat Week in Review – 12/16 – 12/20
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.
