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

Nexus Infrastructure plc (LON:NEXS) hit a new 52-week low on Wednesday . The company traded as low as GBX 115 and last traded at GBX 115, with a volume of 643 shares. The stock had previously closed at GBX 117.50.

Nexus Infrastructure Stock Up 0.4%

The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 78.31. The stock’s 50-day simple moving average is GBX 116.79 and its 200 day simple moving average is GBX 126.94. The firm has a market cap of £10.57 million, a P/E ratio of -3.31 and a beta of 0.88.

Nexus Infrastructure (LON:NEXS) last announced its quarterly earnings data on Thursday, February 26th. The company reported GBX (26.30) earnings per share (EPS) for the quarter. Nexus Infrastructure had a negative net margin of 3.61% and a negative return on equity of 8.59%. As a group, research analysts forecast that Nexus Infrastructure plc will post 9.0100003 EPS for the current fiscal year.

Insider Transactions at Nexus Infrastructure

In other Nexus Infrastructure news, insider Charles Sweeney purchased 8,420 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were purchased at an average cost of GBX 119 per share, for a total transaction of £10,019.80. Company insiders own 26.44% of the company’s stock.

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. 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.