Indus Gas Limited (LON:INDI – Get Free Report) shares traded up 63.8% during trading on Friday . The company traded as high as GBX 14.30 and last traded at GBX 14.30. 1,663,974 shares were traded during trading, an increase of 910% from the average session volume of 164,830 shares. The stock had previously closed at GBX 8.73.
Indus Gas Trading Up 63.8%
The firm has a market cap of £26.17 million, a PE 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 two-hundred day simple moving average of GBX 9.76. The company has a current ratio of 3.20, a quick ratio of 0.80 and a debt-to-equity ratio of 237.78.
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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