Shares of Indus Gas Limited (LON:INDI – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 15.30 ($0.19) and last traded at GBX 16 ($0.20), with a volume of 66597 shares trading hands. The stock had previously closed at GBX 49.50 ($0.61).
Indus Gas Stock Performance
The stock has a 50 day moving average price of GBX 64.18 and a two-hundred day moving average price of GBX 87.26. The company has a current ratio of 4.15, a quick ratio of 0.80 and a debt-to-equity ratio of 235.81. The company has a market cap of £29.28 million, a price-to-earnings ratio of 280.77 and a beta of 0.25.
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.
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