Nexus Infrastructure (LON:NEXS) Trading Down 0.6% – Here’s Why

Nexus Infrastructure plc (LON:NEXS)’s stock price was down 0.6% during mid-day trading on Thursday . The stock traded as low as GBX 160 ($2.07) and last traded at GBX 164 ($2.12). Approximately 10,251 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 13,775 shares. The stock had previously closed at GBX 165 ($2.14).

Nexus Infrastructure Trading Down 0.6 %

The company has a current ratio of 2.52, a quick ratio of 1.21 and a debt-to-equity ratio of 35.41. The company has a market cap of £14.75 million, a PE ratio of -1.43 and a beta of 0.88. The stock has a 50 day moving average price of GBX 146.27 and a 200 day moving average price of GBX 135.35.

Nexus Infrastructure (LON:NEXS) last posted its quarterly earnings data on Thursday, January 23rd. The company reported GBX (30.60) (($0.40)) earnings per share (EPS) for the quarter. Nexus Infrastructure had a negative return on equity of 32.02% and a negative net margin of 16.28%. Sell-side analysts predict that Nexus Infrastructure plc will post 9.0100003 EPS for the current fiscal year.

Insider Activity at Nexus Infrastructure

In related news, insider Dawn Hillman bought 8,601 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were acquired at an average cost of GBX 174 ($2.25) per share, with a total value of £14,965.74 ($19,375.63). 30.92% of the stock is currently owned by corporate insiders.

About Nexus Infrastructure

Nexus is a leading provider of essential infrastructure solutions to the UK housebuilding sector through its operational business, Tamdown.

Tamdown provides a range of civil engineering and infrastructure services to the UK housebuilding sectors, with operations focused on the South-East of England and London.