Indus Gas Limited (LON:INDI – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 1.40 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 changing hands.
Indus Gas Price Performance
The stock has a market cap of £2.56 million, a price-to-earnings ratio of -0.01 and a beta of 0.70. The company has a debt-to-equity ratio of 2,711.22, a current ratio of 0.16 and a quick ratio of 0.80. The firm has a 50 day simple moving average of GBX 1.40 and a two-hundred day simple moving average of GBX 1.40.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
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