Shares of Indus Gas Limited (LON:INDI – Get Free Report) crossed 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 traded.
Indus Gas Stock Performance
The firm has a 50 day simple moving average of GBX 8.02 and a 200-day simple moving average of GBX 9.15. The company has a debt-to-equity ratio of 237.78, a current ratio of 3.20 and a quick ratio of 0.80. The company has a market cap of £16.25 million, a price-to-earnings ratio of 2.01 and a beta of 0.70.
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
- How Technical Indicators Can Help You Find Oversold Stocks
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- How to Profit From Growth Investing
- DuPont’s Electronics Spinoff: The Start of Something Big
- How is Compound Interest Calculated?
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
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.
