Indus Gas Limited (LON:INDI – Get Free Report)’s share price was up 3.2% on Tuesday . The stock traded as high as GBX 1.60 and last traded at GBX 1.60. Approximately 5,143,570 shares changed hands during trading, an increase of 115% from the average daily volume of 2,387,569 shares. The stock had previously closed at GBX 1.55.
Indus Gas Stock Up 3.2%
The company has a market cap of £2.93 million, a P/E ratio of -0.01 and a beta of 0.70. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80. The business’s 50 day moving average price is GBX 6.76 and its 200-day moving average price is GBX 9.80.
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.
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