Indus Gas Limited (LON:INDI – Get Free Report) shares traded down 6.3% during mid-day trading on Friday . The stock traded as low as GBX 7 ($0.09) and last traded at GBX 8.15 ($0.10). 434,762 shares were traded during trading, an increase of 96% from the average session volume of 221,349 shares. The stock had previously closed at GBX 8.70 ($0.11).
Indus Gas Trading Down 5.2 %
The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50. The company has a market capitalization of £15.10 million, a PE ratio of 103.13 and a beta of 0.70. The stock has a fifty day moving average of GBX 8.42 and a 200 day moving average of GBX 9.23.
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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