Indus Gas Limited (LON:INDI – Get Free Report) shares were down 22.2% during trading on Tuesday . The stock traded as low as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). Approximately 161,871 shares changed hands during trading, an increase of 37% from the average daily volume of 117,748 shares. The stock had previously closed at GBX 9 ($0.11).
Indus Gas Stock Down 22.2 %
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 stock has a market capitalization of £12.81 million, a P/E ratio of 87.50 and a beta of 0.70. The firm has a 50 day simple moving average of GBX 8.34 and a two-hundred day simple moving average of GBX 9.17.
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.
See Also
- Five stocks we like better than Indus Gas
- Short Selling: How to Short a Stock
- 3 Dividend Stocks Rewarding Investors With Buybacks
- What is diluted earnings per share (Diluted EPS)?
- Tech Titans in Chips: 3 Semiconductor Stocks Worth Buying Now
- Find and Profitably Trade Stocks at 52-Week Lows
- Why SoundHound AI’s Setback Could Be a Buying Opportunity
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.
