Indus Gas Limited (LON:INDI – Get Free Report) shot up 6.5% during mid-day trading on Thursday . The company traded as high as GBX 8.90 ($0.11) and last traded at GBX 8.90 ($0.11). 98,799 shares were traded during mid-day trading, an increase of 9% from the average session volume of 90,793 shares. The stock had previously closed at GBX 8.35 ($0.10).
Indus Gas Stock Down 27.5 %
The stock has a market cap of £15.92 million, a PE ratio of 66.92 and a beta of 0.25. The business has a 50 day moving average of GBX 53.49 and a 200-day moving average of GBX 81.42. The company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81.
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.
See Also
- Five stocks we like better than Indus Gas
- Canada Bond Market Holiday: How to Invest and Trade
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- P/E Ratio Calculation: How to Assess Stocks
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- 3 Monster Growth Stocks to Buy Now
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
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.
