Indus Gas Limited (LON:INDI – Get Free Report) shot up 6.7% during mid-day trading on Monday . The company traded as high as GBX 9 ($0.11) and last traded at GBX 8.80 ($0.11). 291,469 shares changed hands during trading, an increase of 10% from the average session volume of 264,192 shares. The stock had previously closed at GBX 8.25 ($0.10).
Indus Gas Price Performance
The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80. The business’s 50 day moving average price is GBX 8.42 and its 200 day moving average price is GBX 9.22. The stock has a market capitalization of £16.10 million, a P/E ratio of 110.00 and a beta of 0.70.
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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