Indus Gas Limited (LON:INDI – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.78 and traded as low as GBX 1.32. Indus Gas shares last traded at GBX 1.40, with a volume of 2,132,657 shares traded.
Indus Gas Trading Up 2.9%
The company’s fifty day moving average is GBX 1.40 and its two-hundred day moving average is GBX 2.71. The company has a debt-to-equity ratio of 12,291.05, a quick ratio of 0.80 and a current ratio of 18.69. The company has a market cap of £2.56 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.
See Also
- Five stocks we like better than Indus Gas
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
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.
