Indus Gas Limited (LON:INDI – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 10.31 and traded as low as GBX 8. Indus Gas shares last traded at GBX 8.10, with a volume of 64,727 shares trading hands.
Indus Gas Price Performance
The business’s 50-day simple moving average is GBX 9.83 and its two-hundred day simple moving average is GBX 10.31. The stock has a market cap of £14.82 million, a price-to-earnings ratio of -0.04 and a beta of 0.70. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80.
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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