Indus Gas Limited (LON:INDI – Get Free Report)’s stock price shot up 10.7% during trading on Wednesday . The stock traded as high as GBX 10.85 and last traded at GBX 10.85. 142,141 shares changed hands during trading, a decline of 16% from the average session volume of 168,542 shares. The stock had previously closed at GBX 9.80.
Indus Gas Price Performance
The company has a debt-to-equity ratio of 237.78, a quick ratio of 0.80 and a current ratio of 3.20. The company has a market capitalization of £19.85 million, a P/E ratio of -0.06 and a beta of 0.70. The firm’s fifty day moving average is GBX 10.15 and its 200 day moving average is GBX 10.03.
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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