INDUS (ETR:INH) Stock Price Up 1.1% – Here’s What Happened

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

INDUS Stock Up 1.1%

The company has a current ratio of 1.98, a quick ratio of 0.72 and a debt-to-equity ratio of 103.23. The stock has a market capitalization of $828.26 million, a P/E ratio of 24.28, a P/E/G ratio of -1.29 and a beta of 1.30. The business has a 50-day moving average price of €28.98 and a 200 day moving average price of €28.36.

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.