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

Nexus Infrastructure plc (LON:NEXS) hit a new 52-week low during trading on Wednesday. The stock traded as low as GBX 83 and last traded at GBX 85, with a volume of 2,383 shares. The stock had previously closed at GBX 84.

Nexus Infrastructure Stock Performance

The stock has a market cap of £7.68 million, a price-to-earnings ratio of -4.84 and a beta of 0.32. 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 company has a 50 day simple moving average of GBX 95 and a 200 day simple moving average of GBX 106.47.

Insiders Place Their Bets

In other news, insider Clare Lacey purchased 10,717 shares of Nexus Infrastructure stock in a transaction dated Wednesday, September 30th. The shares were bought at an average cost of GBX 94 per share, for a total transaction of £10,073.98. 26.69% 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.