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

Nexus Infrastructure plc (LON:NEXS) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 115 and last traded at GBX 115, with a volume of 643 shares. The stock had previously closed at GBX 117.50.

Nexus Infrastructure Stock Performance

The company has a market cap of £10.39 million, a P/E ratio of -3.26 and a beta of 0.88. The company’s 50-day moving average is GBX 117.14 and its two-hundred day moving average is GBX 127.10. The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 78.31.

Nexus Infrastructure (LON:NEXS) last announced its quarterly earnings data on Thursday, February 26th. The company reported GBX (26.30) EPS for the quarter. Nexus Infrastructure had a negative return on equity of 8.59% and a negative net margin of 3.61%. Equities analysts predict that Nexus Infrastructure plc will post 9.0100003 EPS for the current year.

Insiders Place Their Bets

In other news, insider Charles Sweeney bought 8,420 shares of the stock in a transaction on Thursday, February 26th. The shares were purchased at an average cost 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.