Shares of Indus Gas Limited (LON:INDI – Get Free Report) shot up 38.4% during trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 11 ($0.14). 1,314,676 shares were traded during mid-day trading, an increase of 432% from the average session volume of 247,015 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Price Performance
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 fifty day simple moving average of GBX 8.68 and a two-hundred day simple moving average of GBX 9.39. The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50.
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
- Compound Interest and Why It Matters When Investing
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- What is the Shanghai Stock Exchange Composite Index?
- 2 Drone Stocks Surging from Increased Media Attention
- What Investors Need to Know to Beat the Market
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
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.
