Indus Gas Limited (LON:INDI – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 9.16 ($0.11) and traded as low as GBX 6.80 ($0.08). Indus Gas shares last traded at GBX 7.21 ($0.09), with a volume of 41,366 shares traded.
Indus Gas Trading Up 1.8 %
The firm has a market cap of £13.27 million, a PE ratio of 90.63 and a beta of 0.70. The company has a debt-to-equity ratio of 236.14, a quick ratio of 0.80 and a current ratio of 2.50. The stock has a 50-day simple moving average of GBX 8.15 and a two-hundred day simple moving average of GBX 9.16.
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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