INDUS (ETR:INH) Trading Down 0.7% - Here's What Happened

Key Points

• INDUS Holding AG's stock price fell by 0.7%, trading between €21.90 and €21.95 during the day.
• Approximately 17,791 shares changed hands, indicating a 22% decline from the average daily trading volume.
• INDUS operates as a private equity firm focused on mergers and acquisitions and does not invest in certain business sectors, including retail and consumer goods.

INDUS Holding AG (ETR:INH - ) dropped 0.7% on Wednesday . The stock traded as low as €21.90 ($25.76) and last traded at €21.95 ($25.82). Approximately 17,791 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 22,718 shares. The stock had previously closed at €22.10 ($26.00).

INDUS Stock Performance

The firm has a market cap of $571.71 million, a PE ratio of 16.76, 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. The firm has a 50-day moving average price of €22.74 and a two-hundred day moving average price of €23.16.

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.

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