Indus Gas (LON:INDI) Reaches New 12-Month Low – Should You Sell?

Shares of Indus Gas Limited (LON:INDIGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 3.45 and last traded at GBX 3.74, with a volume of 739935 shares. The stock had previously closed at GBX 3.77.

Indus Gas Trading Down 0.8%

The firm has a fifty day moving average of GBX 8.88 and a 200-day moving average of GBX 10.36. The stock has a market capitalization of £6.84 million, a price-to-earnings ratio of -0.02 and a beta of 0.70. The company has a debt-to-equity ratio of 237.78, a quick ratio of 0.80 and a current ratio of 3.20.

About Indus Gas

(Get Free Report)

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. The company was incorporated in 2008 and is based in Saint Peter Port, Guernsey.

See Also

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.