Indus Gas Limited (LON:INDI – Get Free Report)’s stock price traded down 6.2% on Thursday . The company traded as low as GBX 6.94 ($0.09) and last traded at GBX 6.94 ($0.09). 35,662 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 281,048 shares. The stock had previously closed at GBX 7.40 ($0.10).
Indus Gas Price Performance
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 firm has a market cap of £12.17 million, a price-to-earnings ratio of 53.39 and a beta of 0.38. The stock has a 50-day moving average of GBX 9.80 and a two-hundred day moving average of GBX 39.04.
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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