INDUS (ETR:INH) Shares Down 1.6% – Here’s Why

INDUS Holding AG (ETR:INH) was down 1.6% during trading on Friday . The stock traded as low as €27.55 and last traded at €28.25. Approximately 39,968 shares traded hands during mid-day trading, an increase of 76% from the average daily volume of 22,718 shares. The stock had previously closed at €28.70.

INDUS Trading Down 1.6%

The company has a debt-to-equity ratio of 104.42, a current ratio of 2.04 and a quick ratio of 0.72. The business’s 50-day simple moving average is €30.46 and its two-hundred day simple moving average is €26.80. The stock has a market capitalization of $735.80 million, a price-to-earnings ratio of 21.57, a PEG ratio of -1.29 and a beta of 1.30.

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.