Indus Gas Limited (LON:INDI – Get Free Report)’s stock price fell 4.2% on Friday . The company traded as low as GBX 6 ($0.07) and last traded at GBX 7.95 ($0.10). 409,246 shares traded hands during trading, an increase of 69% from the average session volume of 242,603 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Trading Down 4.2 %
The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50. The stock has a market cap of £14.55 million, a price-to-earnings ratio of 99.38 and a beta of 0.70. The business has a 50-day simple moving average of GBX 8.75 and a two-hundred day simple moving average of GBX 9.49.
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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