INDUS (ETR:INH) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

INDUS Holding AG (ETR:INHGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €23.70 ($25.48). INDUS shares last traded at €23.40 ($25.16), with a volume of 65,589 shares traded.

INDUS Price Performance

The stock’s 50-day moving average price is €20.99. The stock has a market cap of $618.59 million, a PE ratio of 18.13, a P/E/G ratio of -1.29 and a beta of 1.51. The company has a debt-to-equity ratio of 100.23, a current ratio of 1.71 and a quick ratio of 0.72.

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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