Shares of Indus Gas Limited (LON:INDI – Get Free Report) shot up 0.5% on Wednesday . The stock traded as high as GBX 1.33 and last traded at GBX 1.33. 280,775 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 1,207,442 shares. The stock had previously closed at GBX 1.32.
Indus Gas Price Performance
The stock has a market cap of £3.14 million, a P/E ratio of -0.01 and a beta of 0.70. 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’s fifty day moving average price is GBX 7.05 and its 200-day moving average price is GBX 9.87.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
Read More
- Five stocks we like better than Indus Gas
- Buy Alert: $8 AI Stock
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Virtually Unknown AI Company Solving Trillion-Dollar Problem
- Do not delete, read immediately
Receive News & Ratings for Indus Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indus Gas and related companies with MarketBeat.com's FREE daily email newsletter.
