Indus Gas Limited (LON:INDI – Get Free Report) traded up 11.3% on Monday . The company traded as high as GBX 13 ($0.16) and last traded at GBX 8.85 ($0.11). 681,484 shares traded hands during trading, an increase of 179% from the average session volume of 244,410 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Stock Up 12.6 %
The company has a current ratio of 2.50, a quick ratio of 0.80 and a debt-to-equity ratio of 236.14. The firm’s fifty day moving average price is GBX 8.70 and its 200-day moving average price is GBX 9.40. The company has a market cap of £16.38 million, a price-to-earnings ratio of 111.88 and a beta of 0.70.
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.
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