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

Shares of Nexus Infrastructure plc (LON:NEXS) reached a new 52-week low during mid-day trading 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 quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 45.80. The stock’s 50-day simple moving average is GBX 102.69 and its 200 day simple moving average is GBX 107.43. The firm has a market cap of £8.42 million, a P/E ratio of -5.31 and a beta of 0.32.

Insider Buying and Selling

In other Nexus Infrastructure news, insider Clare Lacey bought 10,717 shares of the stock in a transaction on Wednesday, September 30th. The stock was acquired at an average cost of GBX 94 per share, for a total transaction of £10,073.98. 26.57% of the stock is owned by corporate insiders.

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.