INDUS (ETR:INH) Shares Cross Below 50-Day Moving Average of $22.14

INDUS Holding AG (ETR:INHGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of €22.14 ($24.60) and traded as low as €21.75 ($24.17). INDUS shares last traded at €22.00 ($24.44), with a volume of 11,781 shares.

INDUS Stock Performance

The firm has a fifty day moving average price of €22.08 and a 200 day moving average price of €24.27. The company has a current ratio of 1.84, a quick ratio of 0.72 and a debt-to-equity ratio of 98.87. The firm has a market cap of $570.18 million, a PE ratio of 8.67, 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.

Further Reading

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