Indus Gas Limited (LON:INDI – Get Free Report) traded up 10.7% on Thursday . The stock traded as high as GBX 10.85 and last traded at GBX 10.85. 142,141 shares changed hands during mid-day 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 Trading Down 0.7%
The business’s 50 day simple moving average is GBX 10.15 and its 200-day simple moving average is GBX 10.04. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80. The stock has a market capitalization of £19.12 million, a P/E ratio of -0.05 and a beta of 0.70.
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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