INDUS (ETR:INH) Shares Up 2.4% – Here’s Why

Shares of INDUS Holding AG (ETR:INHGet Free Report) rose 2.4% during mid-day trading on Friday . The company traded as high as €20.55 ($22.34) and last traded at €20.45 ($22.23). Approximately 43,954 shares traded hands during trading, an increase of 93% from the average daily volume of 22,718 shares. The stock had previously closed at €19.98 ($21.72).

INDUS Trading Down 0.5 %

The stock has a market cap of $525.03 million, a PE ratio of 7.98, 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. The firm has a 50-day simple moving average of €21.86 and a 200-day simple moving average of €23.66.

INDUS Company Profile

(Get Free Report)

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.

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