Indus Gas Limited (LON:INDI – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.12 and traded as low as GBX 1.32. Indus Gas shares last traded at GBX 1.40, with a volume of 2,132,657 shares changing hands.
Indus Gas Stock Performance
The company has a quick ratio of 0.80, a current ratio of 18.69 and a debt-to-equity ratio of 12,291.05. The stock has a market capitalization of £2.56 million, a PE ratio of -0.01 and a beta of 0.70. The business’s fifty day moving average is GBX 1.40 and its two-hundred day moving average is GBX 2.12.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
See Also
- Five stocks we like better than Indus Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
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.
