INDUS (ETR:INH) Shares Down 5.1% – Here’s Why

INDUS Holding AG (ETR:INHGet Free Report) fell 5.1% during trading on Thursday . The stock traded as low as €26.85 ($29.18) and last traded at €26.85 ($29.18). 51,694 shares were traded during mid-day trading, an increase of 128% from the average session volume of 22,718 shares. The stock had previously closed at €28.30 ($30.76).

INDUS Trading Down 3.5 %

The stock has a market cap of $651.15 million, a PE ratio of 19.09, a P/E/G ratio of -1.29 and a beta of 1.51. The stock’s 50 day moving average is €22.91. The company has a current ratio of 1.71, a quick ratio of 0.72 and a debt-to-equity ratio of 100.23.

INDUS Company Profile

(Get Free Report)

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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