Indus Gas Limited (LON:INDI – Get Free Report)’s share price shot up 38.4% on Monday . The company traded as high as GBX 13 ($0.16) and last traded at GBX 11 ($0.14). 1,314,676 shares changed hands during mid-day trading, an increase of 432% from the average session volume of 247,015 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 firm’s 50-day moving average price is GBX 8.68 and its 200-day moving average price is GBX 9.39. The stock has a market capitalization of £16.47 million, a PE ratio of 112.50 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.
Featured Articles
- Five stocks we like better than Indus Gas
- Investing In Preferred Stock vs. Common Stock
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- CD Calculator: Certificate of Deposit Calculator
- 2 Drone Stocks Surging from Increased Media Attention
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
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.
