Indus Gas Limited (LON:INDI – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 1.40 and traded as high as GBX 1.80. Indus Gas shares last traded at GBX 1.40, with a volume of 2,132,657 shares traded.
Indus Gas Price Performance
The company has a current ratio of 18.69, a quick ratio of 0.80 and a debt-to-equity ratio of 12,291.05. The business’s 50 day moving average price is GBX 1.40 and its two-hundred day moving average price is GBX 1.40. The stock has a market cap of £2.56 million, a P/E ratio of -0.01 and a beta of 0.70.
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.
Further Reading
- Five stocks we like better than Indus Gas
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
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.
