Shares of Indus Gas Limited (LON:INDI – Get Free Report) traded up 18.8% during mid-day trading on Tuesday . The stock traded as high as GBX 5.70 ($0.08) and last traded at GBX 5.70 ($0.08). 438,037 shares were traded during trading, an increase of 588% from the average session volume of 63,686 shares. The stock had previously closed at GBX 4.80 ($0.07).
Indus Gas Stock Performance
The company has a market capitalization of £21.83 million, a PE ratio of 2.70 and a beta of 0.70. The business’s fifty day moving average is GBX 5.44 and its two-hundred day moving average is GBX 6.88. The company has a current ratio of 3.20, a quick ratio of 0.80 and a debt-to-equity ratio of 237.78.
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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