Shares of Indus Gas Limited (LON:INDI – Get Free Report) fell 0.8% on Monday . The stock traded as low as GBX 12.30 ($0.17) and last traded at GBX 14 ($0.19). 21,116 shares were traded during mid-day trading, a decline of 87% from the average session volume of 164,597 shares. The stock had previously closed at GBX 14.11 ($0.19).
Indus Gas Stock Down 16.7%
The company has a current ratio of 3.20, a quick ratio of 0.80 and a debt-to-equity ratio of 237.78. The stock has a market cap of £21.50 million, a price-to-earnings ratio of 270.11 and a beta of 0.70. The firm’s 50 day moving average is GBX 12.25 and its two-hundred day moving average is GBX 8.25.
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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