Indus Gas Limited (LON:INDI – Get Free Report)’s stock price dropped 4.2% on Saturday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 7.95 ($0.10). Approximately 409,246 shares were traded during mid-day trading, an increase of 69% from the average daily volume of 242,603 shares. The stock had previously closed at GBX 8.30 ($0.10).
Indus Gas Trading Down 4.2 %
The company has a quick ratio of 0.80, a current ratio of 2.50 and a debt-to-equity ratio of 236.14. The company has a market capitalization of £14.55 million, a PE ratio of 99.38 and a beta of 0.70. The stock’s 50 day moving average is GBX 8.70 and its two-hundred day moving average is GBX 9.42.
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.
See Also
- Five stocks we like better than Indus Gas
- How is Compound Interest Calculated?
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- What is the S&P 500 and How It is Distinct from Other Indexes
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- Upcoming IPO Stock Lockup Period, Explained
- MarketBeat Week in Review – 12/16 – 12/20
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.
