INDUS (ETR:INH) Shares Up 3% – Here’s What Happened

INDUS Holding AG (ETR:INH)’s share price was up 3% on Monday. The stock traded as high as €38.00 and last traded at €37.80. Approximately 32,470 shares were traded during trading, an increase of 43% from the average session volume of 22,718 shares. The stock had previously closed at €36.70.

INDUS Stock Performance

The stock has a market cap of $984.54 million, a price-to-earnings ratio of 28.86, a PEG ratio of -1.29 and a beta of 1.33. The stock’s fifty day moving average is €36.62 and its 200-day moving average is €31.27. The company has a quick ratio of 0.71, a current ratio of 1.88 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.