Indus Gas Limited (LON:INDI – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1.21 and last traded at GBX 1.30, with a volume of 5846759 shares traded. The stock had previously closed at GBX 1.56.
Indus Gas Trading Down 16.3%
The company has a 50 day moving average of GBX 7.47 and a 200 day moving average of GBX 10.01. The company has a debt-to-equity ratio of 237.78, a quick ratio of 0.80 and a current ratio of 3.20. The stock has a market capitalization of £2.38 million, a price-to-earnings ratio of -0.01 and a beta of 0.70.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
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