Indus Gas Limited (LON:INDI – Get Free Report) shares traded 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 Stock Performance
The stock has a market cap of £20.13 million, a price-to-earnings ratio of 137.50 and a beta of 0.70. The firm has a fifty day simple moving average of GBX 8.70 and a 200 day simple moving average of GBX 9.40. The company has a current ratio of 2.50, a quick ratio of 0.80 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.
Recommended Stories
- Five stocks we like better than Indus Gas
- How Can Investors Benefit From After-Hours Trading
- Dow Jones: A Relevant Benchmark or a Relic of the Past?
- The Significance of Brokerage Rankings in Stock Selection
- 3 Big-Name Stocks Just Announced Big-Time Dividend Increases
- What is an Earnings Surprise?
- Market Overreaction: 2 Stocks to Buy on the Way Down
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.
