Indus Gas Limited (LON:INDI – Get Free Report)’s share price was down 8.3% during trading on Friday . The company traded as low as GBX 11 ($0.14) and last traded at GBX 11 ($0.14). Approximately 998,999 shares were traded during trading, an increase of 611% from the average daily volume of 140,483 shares. The stock had previously closed at GBX 12 ($0.15).
Indus Gas Price Performance
The company’s 50 day moving average price is GBX 53.49 and its 200 day moving average price is GBX 81.12. 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 company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81.
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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