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

INDUS Holding AG (ETR:INH)’s stock price fell 0.3% during mid-day trading on Monday . The stock traded as low as €38.85 and last traded at €39.05. 53,411 shares changed hands during mid-day trading, an increase of 135% from the average session volume of 22,718 shares. The stock had previously closed at €39.15.

INDUS Stock Performance

The company’s 50 day moving average is €33.12 and its 200-day moving average is €30.18. The company has a market capitalization of $1.02 billion, a P/E ratio of 29.82, a price-to-earnings-growth ratio of -1.29 and a beta of 1.37. The company has a current ratio of 1.88, a quick ratio of 0.71 and a debt-to-equity ratio of 103.49.

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.