INDUS (ETR:INH) Stock Price Down 5.1% – Here’s What Happened

INDUS Holding AG (ETR:INHGet Free Report)’s share price traded down 5.1% during mid-day trading on Thursday . The stock traded as low as €26.85 ($28.87) and last traded at €26.85 ($28.87). 51,694 shares traded hands during trading, an increase of 128% from the average session volume of 22,718 shares. The stock had previously closed at €28.30 ($30.43).

INDUS Price Performance

The stock has a 50 day simple moving average of €22.81. The company has a debt-to-equity ratio of 100.23, a current ratio of 1.71 and a quick ratio of 0.72. The company has a market cap of $699.34 million, a PE ratio of 20.50, a price-to-earnings-growth ratio of -1.29 and a beta of 1.51.

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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