Plexus (LON:POS) Issues Earnings Results

Plexus (LON:POS) posted its quarterly earnings data on Tuesday. The company reported GBX (1.23) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 120 million during the quarter. Plexus had a negative net margin of 72.89% and a negative return on equity of 21.58%.

Plexus Stock Performance

Shares of LON:POS traded down GBX 0.04 during midday trading on Thursday, reaching GBX 2.71. The company had a trading volume of 7,288,255 shares, compared to its average volume of 435,686. The stock has a market cap of £4.68 million, a P/E ratio of -1.00 and a beta of 0.78. The company’s 50 day moving average price is GBX 5.45 and its 200 day moving average price is GBX 6.25. The company has a current ratio of 2.98, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54. Plexus has a 52-week low of GBX 2.70 and a 52-week high of GBX 9.50.

About Plexus

For over 30 years, Plexus has been protecting the environment, initially with its “through the BOP” (Blow-out Preventer) wellhead designs, and subsequently with its proprietary leak-proof wellhead sealing system, POS-GRIP®.
POS-GRIP technology ensures that net zero, leak-free performance can be guaranteed for the life of a well, reducing harmful methane emissions and unnecessary intervention costs; this helps operators to fulfil their ESG responsibilities.
This simple proprietary method of engineering, using sealing principles derived from the Hertzian Stress Theory, has been independently verified and used by many of the blue-chip oil and gas operators in over 400 wells.
In July 2021, Plexus received the London Stock Exchange’s Green Economy Mark in recognition of its contribution to the global green economy and alignment with net zero and ESG principles.