Indus Gas Limited (LON:INDI – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 8.34 ($0.10) and traded as high as GBX 8.80 ($0.11). Indus Gas shares last traded at GBX 8.80 ($0.11), with a volume of 1,522 shares.
Indus Gas Price Performance
The company has a market cap of £16.47 million, a price-to-earnings ratio of 112.50 and a beta of 0.70. The company’s 50-day simple moving average is GBX 8.34 and its 200-day simple moving average is GBX 9.20. The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80.
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.
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