INDUS (ETR:INH) Shares Up 0.4% – Here’s What Happened

INDUS Holding AG (ETR:INH)’s stock price shot up 0.4% during trading on Tuesday . The stock traded as high as €28.45 and last traded at €27.90. 17,689 shares were traded during trading, a decline of 22% from the average session volume of 22,718 shares. The stock had previously closed at €27.80.

INDUS Trading Up 0.4%

The stock has a market capitalization of $726.68 million, a P/E ratio of 21.30, a P/E/G ratio of -1.29 and a beta of 1.32. The firm’s 50 day moving average price is €29.34 and its 200 day moving average price is €29.28. The company has a debt-to-equity ratio of 103.23, a current ratio of 1.98 and a quick ratio of 0.72.

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. 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.