Indus Gas Limited (LON:INDI – Get Free Report)’s share price traded up 23.9% during mid-day trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 9.85 ($0.12). 678,822 shares traded hands during mid-day trading, an increase of 178% from the average session volume of 244,399 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Stock Performance
The firm has a market capitalization of £16.38 million, a price-to-earnings ratio of 111.88 and a beta of 0.70. The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80. The firm’s fifty day moving average is GBX 8.70 and its 200 day moving average is GBX 9.40.
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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