Nexus Infrastructure (LON:NEXS) Sets New 12-Month Low – Here’s Why

Nexus Infrastructure plc (LON:NEXS) reached a new 52-week low on Wednesday . The stock traded as low as GBX 108 and last traded at GBX 108, with a volume of 3551 shares trading hands. The stock had previously closed at GBX 112.50.

Nexus Infrastructure Stock Down 4.0%

The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 78.31. The company has a market capitalization of £9.76 million, a P/E ratio of -4.11 and a beta of 0.34. The company has a 50-day moving average of GBX 113.53 and a two-hundred day moving average of GBX 119.90.

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

Insider Transactions at Nexus Infrastructure

In related news, insider Charles Sweeney acquired 8,420 shares of the stock in a transaction on Thursday, February 26th. The stock was acquired at an average price of GBX 119 per share, for a total transaction of £10,019.80. Insiders own 26.53% 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.