Indus Gas Limited (LON:INDI – Get Free Report)’s stock price fell 11.6% on Wednesday . The company traded as low as GBX 11 ($0.15) and last traded at GBX 13 ($0.17). 194,373 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 293,393 shares. The stock had previously closed at GBX 14.70 ($0.19).
Indus Gas Stock Performance
The company has a market capitalization of £23.79 million, a P/E ratio of 113.08 and a beta of 0.70. The company’s 50 day moving average is GBX 9.38 and its 200-day moving average is GBX 23.08. The company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81.
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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