Indus Gas Limited (LON:INDI – Get Free Report) shares traded up 10.7% on Wednesday . The company traded as high as GBX 10.85 and last traded at GBX 10.85. 142,141 shares changed hands during trading, a decline of 16% from the average session volume of 168,542 shares. The stock had previously closed at GBX 9.80.
Indus Gas Stock Performance
The firm has a market capitalization of £19.12 million, a price-to-earnings ratio of -0.05 and a beta of 0.70. The company has a debt-to-equity ratio of 237.78, a quick ratio of 0.80 and a current ratio of 3.20. The stock’s fifty day moving average is GBX 10.15 and its two-hundred day moving average is GBX 10.04.
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.
Further Reading
- Five stocks we like better than Indus Gas
- What is diluted earnings per share (Diluted EPS)?
- Why Gold Loves Trump as Much as Trump Loves Gold
- What Are Earnings Reports?
- Google’s Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage
- Top Stocks Investing in 5G Technology
- Palantir Isn’t Just Riding the AI Boom—It’s Orchestrating It
Receive News & Ratings for Indus Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indus Gas and related companies with MarketBeat.com's FREE daily email newsletter.
