Nexus Infrastructure (LON:NEXS) Trading 0.1% Higher – Here’s Why

Nexus Infrastructure plc (LON:NEXS)’s share price shot up 0.1% on Monday . The company traded as high as GBX 129.50 and last traded at GBX 126.14. 967 shares changed hands during trading, a decline of 91% from the average session volume of 10,682 shares. The stock had previously closed at GBX 126.

Nexus Infrastructure Stock Down 1.6%

The company has a 50 day moving average of GBX 129.41 and a 200-day moving average of GBX 144.88. The company has a market cap of £11.38 million, a P/E ratio of -3.57 and a beta of 0.88. The company has a debt-to-equity ratio of 35.41, a current ratio of 2.52 and a quick ratio of 1.21.

Insider Buying and Selling at Nexus Infrastructure

In related news, insider Dawn Hillman acquired 3,901 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were purchased at an average price of GBX 127 per share, for a total transaction of £4,954.27. Also, insider Charles Sweeney bought 3,927 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The shares were acquired at an average price of GBX 127 per share, with a total value of £4,987.29. In the last ninety days, insiders have purchased 11,559 shares of company stock worth $1,494,110. 21.88% of the stock is owned by insiders.

Nexus Infrastructure Company Profile

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.