Indus Gas Limited (LON:INDI – Get Free Report) shot up 11.3% on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 8.85 ($0.11). 681,484 shares changed hands during trading, an increase of 179% from the average session volume of 244,410 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Price Performance
The company has a market cap of £16.38 million, a PE ratio of 111.88 and a beta of 0.70. The stock has a fifty day moving average price of GBX 8.70 and a 200-day moving average price of GBX 9.40. The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 and a quick ratio of 0.80.
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.
Read More
- Five stocks we like better than Indus Gas
- What is a Dividend King?
- Industrial Chemicals: 3 Stocks Poised for Growth in the New Year
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Rising Freight Rates: The Carrier’s Comeback in a Shifting Market
- High Flyers: 3 Natural Gas Stocks for March 2022
- Why Value Stocks Are the Best Bet Today—and Goldman Sachs Agrees
Receive News & Ratings for Indus Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indus Gas and related companies with MarketBeat.com's FREE daily email newsletter.
