Nexus Infrastructure (LON:NEXS) Announces Earnings Results

Nexus Infrastructure (LON:NEXS) posted its quarterly earnings results on Thursday. The company reported GBX (11.90) earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 3,231 million for the quarter. Nexus Infrastructure had a negative return on equity of 8.59% and a negative net margin of 3.61%.

Nexus Infrastructure Trading Up 2.6%

LON:NEXS traded up GBX 2.94 on Thursday, hitting GBX 113.94. The stock had a trading volume of 47,015 shares, compared to its average volume of 16,791. 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 stock has a market cap of £10.29 million, a price-to-earnings ratio of -4.33 and a beta of 0.34. The company has a fifty day moving average price of GBX 112.53 and a two-hundred day moving average price of GBX 119.31. Nexus Infrastructure has a 1-year low of GBX 108 and a 1-year high of GBX 179.

Insiders Place Their Bets

In other news, insider Charles Sweeney bought 8,420 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were bought at an average cost of GBX 119 per share, for a total transaction of £10,019.80. 26.53% of the stock is owned by insiders.

Nexus Infrastructure Company Profile

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.