Indus Gas Limited (LON:INDI – Get Free Report) was up 38.4% on Monday . The company traded as high as GBX 13 ($0.16) and last traded at GBX 11 ($0.14). Approximately 810,154 shares traded hands during mid-day trading, an increase of 231% from the average daily volume of 244,939 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Trading Down 25.0 %
The company has a market capitalization of £16.47 million, a price-to-earnings ratio of 112.50 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 business’s 50-day moving average price is GBX 8.68 and its two-hundred day moving average price is GBX 9.39.
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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