INDUS (ETR:INH) Trading Up 1.1% – Here’s Why

Shares of INDUS Holding AG (ETR:INH) were up 1.1% during mid-day trading on Friday . The company traded as high as €32.15 and last traded at €31.80. Approximately 33,830 shares changed hands during mid-day trading, an increase of 49% from the average daily volume of 22,718 shares. The stock had previously closed at €31.45.

INDUS Trading Down 3.6%

The stock’s fifty day simple moving average is €28.98 and its two-hundred day simple moving average is €28.36. The company has a quick ratio of 0.72, a current ratio of 1.98 and a debt-to-equity ratio of 103.23. The firm has a market cap of $798.31 million, a PE ratio of 23.40, a PEG ratio of -1.29 and a beta of 1.30.

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. 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.