Indus Gas Limited (LON:INDI – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.17 ($0.12) and traded as low as GBX 6.40 ($0.08). Indus Gas shares last traded at GBX 7.55 ($0.10), with a volume of 109,643 shares traded.
Indus Gas Stock Down 10.3 %
The company has a quick ratio of 0.80, a current ratio of 3.20 and a debt-to-equity ratio of 237.78. The company has a market capitalization of £15.77 million, a PE ratio of 1.95 and a beta of 0.70. The company’s 50 day moving average is GBX 7.73 and its two-hundred day moving average is GBX 9.17.
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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