Nexus Infrastructure (LON:NEXS) Hits New 12-Month Low – Here’s Why

Nexus Infrastructure plc (LON:NEXS – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 85 and last traded at GBX 85, with a volume of 122 shares changing hands. The stock had previously closed at GBX 85.50.

Nexus Infrastructure Trading Down 0.6%

The stock has a market cap of £7.68 million, a price-to-earnings ratio of -4.84 and a beta of 0.32. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 45.80. The business has a 50-day moving average of GBX 96.54 and a 200-day moving average of GBX 107.12.

Insider Buying and Selling

In related news, insider Clare Lacey bought 10,717 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were bought at an average cost of GBX 94 per share, for a total transaction of £10,073.98. 26.69% of the stock is owned by insiders.

About Nexus Infrastructure

(Get Free Report)

Nexus is a leading provider of civil engineering infrastructure solutions through its two subsidiaries: Tamdown Group Limited and Coleman Construction & Utilities Limited.

Tamdown provides a range of civil engineering and infrastructure solutions to the UK housebuilding sector, with operations focused on the South-East of England and London. It has an established market-leading position, having been in operation for over 48 years.

Coleman delivers civil engineering and building projects in the water, rail, highways and rivers & marine sectors.

Further Reading

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