Nexus Infrastructure (LON:NEXS) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Nexus Infrastructure plc (LON:NEXSGet Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 105.89 and traded as low as GBX 102.55. Nexus Infrastructure shares last traded at GBX 102.55, with a volume of 3,575 shares trading hands.

Nexus Infrastructure Price Performance

The firm has a market cap of £9.49 million, a price-to-earnings ratio of -5.98 and a beta of 0.31. 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 company has a 50 day moving average of GBX 105.75 and a 200 day moving average of GBX 110.46.

Nexus Infrastructure Company Profile

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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.

Further Reading

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