Indus Gas Limited (LON:INDI – Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 1.40 and traded as high as GBX 1.80. Indus Gas shares last traded at GBX 1.40, with a volume of 2,132,657 shares.
Indus Gas Price Performance
The firm has a market cap of £2.56 million, a price-to-earnings ratio of -0.01 and a beta of 0.70. The company has a quick ratio of 0.80, a current ratio of 18.69 and a debt-to-equity ratio of 12,291.05. The company’s 50-day moving average price is GBX 1.40 and its 200-day moving average price is GBX 1.40.
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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.
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