INDUS (ETR:INH) Shares Down 2.4% - What's Next?

Key Points

• INDUS Holding AG (ETR:INH) shares fell by 2.4% on Wednesday, closing at €22.30 ($25.93) after trading as low as €22.05 ($25.64).
• The company has a market cap of $580.83 million and operates with a PE ratio of 17.03 and a debt-to-equity ratio of 100.23.
• INDUS specializes in private equity, focusing on mergers and acquisitions, and avoids investments in retail, services, and businesses undergoing restructuring.

INDUS Holding AG (ETR:INH - )'s share price traded down 2.4% on Wednesday . The stock traded as low as €22.05 ($25.64) and last traded at €22.30 ($25.93). 24,283 shares were traded during mid-day trading, an increase of 7% from the average session volume of 22,718 shares. The stock had previously closed at €22.85 ($26.57).

INDUS Price Performance

The stock has a 50-day simple moving average of €22.43 and a 200 day simple moving average of €22.76. The company has a market cap of $580.83 million, a PE ratio of 17.03, a P/E/G 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.

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