INDUS (ETR:INH) Trading Down 0.3% – Here’s What Happened

INDUS Holding AG (ETR:INH) shares dropped 0.3% on Wednesday . The company traded as low as €31.70 and last traded at €31.90. Approximately 69,046 shares changed hands during trading, an increase of 204% from the average daily volume of 22,718 shares. The stock had previously closed at €32.00.

INDUS Trading Down 0.3%

The business’s 50 day simple moving average is €28.21 and its 200 day simple moving average is €24.65. The stock has a market cap of $830.87 million, a price-to-earnings ratio of 24.36, a PEG ratio of -1.29 and a beta of 1.51. The company has a quick ratio of 0.72, a current ratio of 1.71 and a debt-to-equity ratio of 100.23.

INDUS Company Profile

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. The firm typically invests in middle market and mature companies. It primarily makes long-term investments in medium-sized manufacturing companies in energy and environmental technology; infrastructure and logistics technology, intelligent logistic infrastructure; automation, measurement and control technology; medical engineering; life science; construction and safety technology; industry; digitalization; green tech; medical equipment for the ageing society; innovative construction technology; and public and private security sectors.