Indus Gas Limited (LON:INDI – Get Free Report) shares traded down 4% on Tuesday . The company traded as low as GBX 8.05 ($0.10) and last traded at GBX 9 ($0.11). 60,573 shares were traded during trading, a decline of 75% from the average session volume of 244,228 shares. The stock had previously closed at GBX 9.38 ($0.12).
Indus Gas Price Performance
The stock has a market cap of £15.10 million, a P/E ratio of 103.13 and a beta of 0.70. The business’s 50 day moving average price is GBX 8.47 and its two-hundred day moving average price is GBX 9.26. The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14.
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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