Indus Gas Limited (LON:INDI – Get Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 11.73 ($0.16) and traded as high as GBX 17.50 ($0.24). Indus Gas shares last traded at GBX 15.83 ($0.21), with a volume of 399,528 shares traded.
Indus Gas Stock Up 4.8%
The business has a 50-day moving average price of GBX 11.73 and a two-hundred day moving average price of GBX 8.07. The company has a quick ratio of 0.80, a current ratio of 3.20 and a debt-to-equity ratio of 237.78. The firm has a market cap of £28.97 million, a PE ratio of 363.95 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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