Shares of Indus Gas Limited (LON:INDI – Get Free Report) rose 3% on Tuesday . The stock traded as high as GBX 7.70 ($0.10) and last traded at GBX 6.90 ($0.09). Approximately 43,618 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 84,305 shares. The stock had previously closed at GBX 6.70 ($0.08).
Indus Gas Stock Up 3.0 %
The firm has a market capitalization of £16.74 million, a PE ratio of 2.07 and a beta of 0.70. 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 company has a fifty day simple moving average of GBX 7.99 and a two-hundred day simple moving average of GBX 9.18.
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.
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