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INDUS (ETR:INH) Share Price Passes Below 50 Day Moving Average - Here's What Happened

INDUS logo with Industrials background

INDUS Holding AG (ETR:INH - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €23.29 ($25.59) and traded as low as €23.25 ($25.55). INDUS shares last traded at €23.30 ($25.60), with a volume of 56,437 shares traded.

INDUS Stock Performance

The firm's fifty day simple moving average is €23.42. The company has a quick ratio of 0.72, a current ratio of 1.71 and a debt-to-equity ratio of 100.23. The stock has a market capitalization of $565.20 million, a PE ratio of 16.57, a P/E/G ratio of -1.29 and a beta of 1.51.

About INDUS

(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.

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