INDUS (ETR:INH) Shares Up 2.9% – Still a Buy?

INDUS Holding AG (ETR:INH) rose 2.9% during trading on Tuesday . The company traded as high as €21.45 ($22.11) and last traded at €21.40 ($22.06). Approximately 45,411 shares were traded during mid-day trading, an increase of 100% from the average daily volume of 22,718 shares. The stock had previously closed at €20.80 ($21.44).

INDUS Stock Down 3.3 %

The firm’s 50-day moving average is €20.94. The company has a debt-to-equity ratio of 98.87, a current ratio of 1.84 and a quick ratio of 0.72. The firm has a market capitalization of $527.61 million, a P/E ratio of 8.02, a PEG ratio of -1.29 and a beta of 1.51.

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.