Indus Gas (LON:INDI) Stock Price Down 6.6%

Indus Gas Limited (LON:INDIGet Free Report)’s share price fell 6.6% during trading on Thursday . The company traded as low as GBX 7.80 ($0.10) and last traded at GBX 8.15 ($0.10). 267,381 shares traded hands during trading, an increase of 56% from the average session volume of 171,804 shares. The stock had previously closed at GBX 8.73 ($0.11).

Indus Gas Price Performance

The stock has a market capitalization of £15.31 million, a price-to-earnings ratio of 58.21 and a beta of 0.20. The company has a debt-to-equity ratio of 235.81, a quick ratio of 0.80 and a current ratio of 4.15. The company has a fifty day simple moving average of GBX 49.45 and a two-hundred day simple moving average of GBX 78.73.

About Indus Gas

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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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