Indus Gas Limited (LON:INDI – Get Free Report)’s stock price rose 44.7% on Monday . The company traded as high as GBX 13 ($0.16) and last traded at GBX 11.50 ($0.14). Approximately 741,193 shares changed hands during mid-day trading, an increase of 203% from the average daily volume of 244,655 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Stock Down 25.0 %
The company has a market capitalization of £16.47 million, a price-to-earnings ratio of 112.50 and a beta of 0.70. The company has a quick ratio of 0.80, a current ratio of 2.50 and a debt-to-equity ratio of 236.14. The firm has a 50 day moving average price of GBX 8.68 and a two-hundred day moving average price of GBX 9.39.
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.
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