INDUS (ETR:INH) Trading Down 0.5% – Should You Sell?

INDUS Holding AG (ETR:INH) traded down 0.5% on Thursday . The stock traded as low as €22.05 ($24.23) and last traded at €22.05 ($24.23). 7,959 shares traded hands during trading, a decline of 65% from the average session volume of 22,718 shares. The stock had previously closed at €22.15 ($24.34).

INDUS Stock Down 0.5 %

The stock has a 50-day simple moving average of €21.77 and a 200-day simple moving average of €24.13. The firm has a market capitalization of $568.89 million, a PE ratio of 8.65, a P/E/G ratio of -1.29 and a beta of 1.51. The company has a quick ratio of 0.72, a current ratio of 1.84 and a debt-to-equity ratio of 98.87.

About INDUS

INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. The firm does not invest in retail and service companies, pure trading or consumer goods businesses, companies with significant dependencies on individual business partners, start-ups, turnarounds, mature businesses, and companies undergoing restructuring.