Nexus Infrastructure (LON:NEXS) Hits New 52-Week Low – Here’s What Happened

Nexus Infrastructure plc (LON:NEXS) hit a new 52-week low on Wednesday. The stock traded as low as GBX 93 and last traded at GBX 93.22, with a volume of 48853 shares changing hands. The stock had previously closed at GBX 94.

Nexus Infrastructure Stock Down 0.8%

The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 45.80. The stock’s 50-day moving average price is GBX 102.69 and its 200-day moving average price is GBX 107.43. The company has a market cap of £8.42 million, a P/E ratio of -5.31 and a beta of 0.32.

Insider Transactions at Nexus Infrastructure

In other news, insider Clare Lacey purchased 10,717 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were acquired at an average price of GBX 94 per share, for a total transaction of £10,073.98. Insiders own 26.57% 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.