INDUS (ETR:INH) Shares Up 3% – Here’s What Happened

Shares of INDUS Holding AG (ETR:INH) rose 3% on Monday. The company traded as high as €38.00 and last traded at €37.80. Approximately 32,470 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 22,718 shares. The stock had previously closed at €36.70.

INDUS Price Performance

The company has a debt-to-equity ratio of 103.49, a quick ratio of 0.71 and a current ratio of 1.88. The company has a 50-day moving average price of €36.62 and a 200-day moving average price of €31.27. The firm has a market capitalization of $984.54 million, a P/E ratio of 28.86, a price-to-earnings-growth ratio of -1.29 and a beta of 1.33.

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.