INDUS (ETR:INH) Shares Up 1.3% – What’s Next?

INDUS Holding AG (ETR:INH) shares shot up 1.3% during mid-day trading on Monday . The company traded as high as €27.90 and last traded at €27.70. Approximately 11,725 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 22,718 shares. The stock had previously closed at €27.35.

INDUS Stock Performance

The stock has a market cap of $721.48 million, a price-to-earnings ratio of 21.15, a PEG ratio of -1.29 and a beta of 1.33. The company’s 50 day simple moving average is €27.83 and its 200 day simple moving average is €29.18. The company has a debt-to-equity ratio of 103.23, a quick ratio of 0.71 and a current ratio of 1.98.

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.