Indus Gas Limited (LON:INDI – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 15.30 ($0.19) and last traded at GBX 16 ($0.20), with a volume of 66597 shares trading hands. The stock had previously closed at GBX 49.50 ($0.61).
Indus Gas Trading Down 67.7 %
The firm has a market capitalization of £29.28 million, a price-to-earnings ratio of 280.77 and a beta of 0.25. The business’s 50 day moving average price is GBX 64.18 and its 200-day moving average price is GBX 87.26. The company has a debt-to-equity ratio of 235.81, a current ratio of 4.15 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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