Indus Gas (LON:INDI) Trading 6.5% Higher

Indus Gas Limited (LON:INDI)’s share price rose 6.5% on Thursday . The stock traded as high as GBX 8.90 ($0.11) and last traded at GBX 8.90 ($0.11). Approximately 98,799 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 90,793 shares. The stock had previously closed at GBX 8.35 ($0.10).

Indus Gas Stock Down 27.5 %

The company has a market cap of £15.92 million, a price-to-earnings ratio of 66.92 and a beta of 0.25. The business has a fifty day moving average of GBX 53.49 and a two-hundred day moving average of GBX 81.42. The company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81.

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.