INDUS Holding AG (ETR:INH – Get Free Report)’s share price dropped 2.3% during trading on Wednesday . The company traded as low as €25.05 ($26.65) and last traded at €25.25 ($26.86). Approximately 17,356 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 22,718 shares. The stock had previously closed at €25.85 ($27.50).
INDUS Stock Up 1.0 %
The business’s 50 day moving average is €24.06 and its 200 day moving average is €22.09. The company has a debt-to-equity ratio of 107.35, a quick ratio of 0.72 and a current ratio of 1.96. The stock has a market cap of $683.26 million, a price-to-earnings ratio of 8.19, a price-to-earnings-growth ratio of -1.29 and a beta of 1.52.
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.
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