Shares of Indus Gas Limited (LON:INDI – Get Free Report) traded up 21.4% during trading on Monday . The company traded as high as GBX 13 ($0.16) and last traded at GBX 9.65 ($0.12). 607,143 shares changed hands during mid-day trading, an increase of 149% from the average session volume of 244,104 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Price Performance
The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14. The stock has a market capitalization of £18.48 million, a P/E ratio of 126.25 and a beta of 0.70. The company has a fifty day simple moving average of GBX 8.70 and a two-hundred day simple moving average of GBX 9.40.
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.
Read More
- Five stocks we like better than Indus Gas
- What is the Shanghai Stock Exchange Composite Index?
- Breaking Down Where Wall Street Sees the S&P 500 Going in 2025
- Why Invest in 5G? How to Invest in 5G Stocks
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- What is a Dividend King?
- CarMax Gets in Gear: Is Now the Time to Buy?
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.
