Indus Gas Limited (LON:INDI – Get Free Report)’s stock price traded up 38.4% during mid-day trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 11 ($0.14). 1,314,676 shares were traded during mid-day trading, an increase of 432% from the average session volume of 247,015 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Trading Up 38.4 %
The firm has a market cap of £20.13 million, a P/E ratio of 137.50 and a beta of 0.70. The business’s 50-day moving average is GBX 8.68 and its two-hundred day moving average is GBX 9.39. The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14.
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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