Shares of Indus Gas Limited (LON:INDI – Get Free Report) were up 15% during trading on Wednesday . The company traded as high as GBX 7.85 ($0.10) and last traded at GBX 7.85 ($0.10). Approximately 149,124 shares changed hands during trading, a decline of 46% from the average daily volume of 276,459 shares. The stock had previously closed at GBX 6.83 ($0.09).
Indus Gas Stock Up 0.3 %
The company has a debt-to-equity ratio of 235.81, a quick ratio of 0.80 and a current ratio of 4.15. The company has a market capitalization of £13.27 million, a PE ratio of 55.77 and a beta of 0.61. The stock’s 50 day moving average is GBX 8.84 and its 200 day moving average is GBX 35.94.
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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