Nexus Infrastructure (LON:NEXS) Reaches New 52-Week Low – Here’s Why

Shares of Nexus Infrastructure plc (LON:NEXS) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 115 and last traded at GBX 115, with a volume of 1000 shares. The stock had previously closed at GBX 117.50.

Nexus Infrastructure Price Performance

The company has a current ratio of 2.52, a quick ratio of 1.21 and a debt-to-equity ratio of 35.41. The company’s fifty day moving average is GBX 117.51 and its two-hundred day moving average is GBX 127.96. The stock has a market cap of £10.39 million, a price-to-earnings ratio of -3.26 and a beta of 0.88.

Nexus Infrastructure (LON:NEXS) last posted its earnings results on Thursday, February 26th. The company reported GBX (26.30) earnings per share (EPS) for the quarter. Nexus Infrastructure had a negative return on equity of 32.02% and a negative net margin of 16.28%. As a group, research analysts predict that Nexus Infrastructure plc will post 9.0100003 earnings per share for the current year.

Insider Buying and Selling at Nexus Infrastructure

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

About Nexus Infrastructure

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.