Indus Gas Limited (LON:INDI – Get Free Report) fell 3.8% on Friday . The stock traded as low as GBX 11.05 ($0.15) and last traded at GBX 11.25 ($0.15). 1,176,055 shares traded hands during trading, an increase of 768% from the average session volume of 135,424 shares. The stock had previously closed at GBX 11.70 ($0.16).
Indus Gas Stock Performance
The stock has a market cap of £32.32 million, a P/E ratio of 4.00 and a beta of 0.70. The firm has a 50 day moving average of GBX 7.01 and a two-hundred day moving average of GBX 6.85. The company has a debt-to-equity ratio of 237.78, a quick ratio of 0.80 and a current ratio of 3.20.
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.
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