Nexus Infrastructure (LON:NEXS) Hits New 1-Year Low – Here’s Why

Nexus Infrastructure plc (LON:NEXS)’s share price hit a new 52-week low during mid-day trading on Friday. The company traded as low as GBX 89 and last traded at GBX 90, with a volume of 4,193 shares. The stock had previously closed at GBX 91.50.

Nexus Infrastructure Stock Down 1.6%

The company has a market capitalization of £8.13 million, a price-to-earnings ratio of -5.13 and a beta of 0.32. 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 firm’s 50 day moving average price is GBX 97.90 and its two-hundred day moving average price is GBX 107.71.

Insider Buying and Selling at Nexus Infrastructure

In other news, insider Clare Lacey purchased 10,717 shares of Nexus Infrastructure stock in a transaction that occurred 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. Company insiders own 26.69% 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.