Indus Gas Limited (LON:INDI – Get Free Report)’s share price shot up 38.4% during mid-day trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 11 ($0.14). 1,314,676 shares changed hands during trading, an increase of 432% from the average session volume of 247,015 shares. The stock had previously closed at GBX 7.95 ($0.10).
Indus Gas Price Performance
The firm has a market cap of £16.47 million, a price-to-earnings ratio of 112.50 and a beta of 0.70. The stock’s 50-day moving average price is GBX 8.68 and its 200 day moving average price is GBX 9.39. The company has a quick ratio of 0.80, a current ratio of 2.50 and a debt-to-equity ratio of 236.14.
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.
Further Reading
- Five stocks we like better than Indus Gas
- Want to Profit on the Downtrend? Downtrends, Explained.
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- What is a support level?
- 2 Drone Stocks Surging from Increased Media Attention
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
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.
