Plexus (LON:POS) Trading Down 20% – What’s Next?

Shares of Plexus Holdings plc (LON:POS) traded down 20% during trading on Friday . The company traded as low as GBX 4.87 and last traded at GBX 5. 908,280 shares were traded during mid-day trading, an increase of 210% from the average session volume of 292,957 shares. The stock had previously closed at GBX 6.25.

Plexus Price Performance

The company has a debt-to-equity ratio of 8.34, a current ratio of 1.49 and a quick ratio of 1.12. The business has a 50 day moving average of GBX 6.70 and a 200 day moving average of GBX 7.51. The company has a market cap of £9.15 million, a PE ratio of -8.69 and a beta of 0.78.

Plexus (LON:POS) last issued its quarterly earnings data on Friday, December 19th. The company reported GBX (2.70) EPS for the quarter. Plexus had a return on equity of 19.48% and a net margin of 23.05%. As a group, research analysts predict that Plexus Holdings plc will post 3.256705 EPS for the current year.

Plexus Company Profile

For over 30 years, Plexus has been protecting the environment, initially with its “through the BOP” (Blow-out Preventer) wellhead designs, and subsequently with its proprietary leak-proof wellhead sealing system, POS-GRIP®.
POS-GRIP technology ensures that net zero, leak-free performance can be guaranteed for the life of a well, reducing harmful methane emissions and unnecessary intervention costs; this helps operators to fulfil their ESG responsibilities.
This simple proprietary method of engineering, using sealing principles derived from the Hertzian Stress Theory, has been independently verified and used by many of the blue-chip oil and gas operators in over 400 wells.
In July 2021, Plexus received the London Stock Exchange’s Green Economy Mark in recognition of its contribution to the global green economy and alignment with net zero and ESG principles.