Shares of Indus Gas Limited (LON:INDI – Get Free Report) rose 63.8% during mid-day trading on Saturday . The company traded as high as GBX 14.30 and last traded at GBX 14.30. Approximately 1,663,974 shares were traded during trading, an increase of 910% from the average daily volume of 164,830 shares. The stock had previously closed at GBX 8.73.
Indus Gas Stock Performance
The company has a market capitalization of £26.17 million, a price-to-earnings ratio of -0.07 and a beta of 0.70. The firm has a fifty day simple moving average of GBX 10.28 and a 200 day simple moving average of GBX 9.73. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80.
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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