Shares of Indus Gas Limited (LON:INDI – Get Free Report) were down 22.2% on Tuesday . The company traded as low as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). Approximately 161,871 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 117,748 shares. The stock had previously closed at GBX 9 ($0.11).
Indus Gas Price Performance
The company has a fifty day moving average of GBX 8.34 and a 200-day moving average of GBX 9.17. The firm has a market cap of £12.81 million, a P/E ratio of 87.50 and a beta of 0.70. The company has a debt-to-equity ratio of 236.14, a current ratio of 2.50 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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