Nexus Infrastructure (LON:NEXS) Hits New 52-Week Low – Time to Sell?

Nexus Infrastructure plc (LON:NEXSGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 93.90 and last traded at GBX 93.90, with a volume of 11938 shares changing hands. The stock had previously closed at GBX 103.

Nexus Infrastructure Price Performance

The company has a market cap of £8.48 million, a PE ratio of -5.35 and a beta of 0.32. The company’s 50-day simple moving average is GBX 103.60 and its 200 day simple moving average is GBX 108.20. The company has a debt-to-equity ratio of 45.80, a quick ratio of 1.21 and a current ratio of 2.19.

About Nexus Infrastructure

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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.

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