Indus Gas Limited (LON:INDI – Get Free Report) traded down 10% during mid-day trading on Wednesday . The company traded as low as GBX 7 ($0.09) and last traded at GBX 7.20 ($0.09). 293,793 shares were traded during mid-day trading, an increase of 212% from the average session volume of 94,064 shares. The stock had previously closed at GBX 8 ($0.10).
Indus Gas Stock Up 2.4 %
The company has a quick ratio of 0.80, a current ratio of 2.50 and a debt-to-equity ratio of 236.14. The company has a market capitalization of £12.98 million, a price-to-earnings ratio of 88.66 and a beta of 0.70. The business has a 50-day moving average price of GBX 8.24 and a 200-day moving average price of GBX 9.18.
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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