Shares of Indus Gas Limited (LON:INDI – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 9.16 ($0.12) and traded as low as GBX 6 ($0.08). Indus Gas shares last traded at GBX 6.70 ($0.08), with a volume of 195,680 shares trading hands.
Indus Gas Stock Performance
The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80. The firm has a fifty day simple moving average of GBX 8.05 and a 200 day simple moving average of GBX 9.16. The company has a market cap of £16.25 million, a price-to-earnings ratio of 2.01 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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