Indus Gas Limited (LON:INDI – Get Free Report)’s share price traded up 6.5% on Thursday . The company traded as high as GBX 8.90 ($0.11) and last traded at GBX 8.90 ($0.11). 98,799 shares traded hands during trading, an increase of 9% from the average session volume of 90,793 shares. The stock had previously closed at GBX 8.35 ($0.10).
Indus Gas Trading Up 28.1 %
The business’s 50-day moving average is GBX 56.13 and its two-hundred day moving average is GBX 82.72. The company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81. The stock has a market capitalization of £19.58 million, a PE ratio of 64.18 and a beta of 0.25.
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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