Indus Gas Limited (LON:INDI – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 9.16 ($0.12) and traded as low as GBX 6 ($0.08). Indus Gas shares last traded at GBX 6.70 ($0.08), with a volume of 195,680 shares.
Indus Gas Stock Performance
The firm’s 50 day moving average price is GBX 8.05 and its 200-day moving average price is GBX 9.16. The firm has a market cap of £16.25 million, a price-to-earnings ratio of 2.01 and a beta of 0.70. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80.
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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