Plexus (LON:POS) Announces Earnings Results

Plexus (LON:POS) posted its earnings results on Tuesday. The company reported GBX (1.23) earnings per share for the quarter, Digital Look Earnings reports. Plexus had a negative net margin of 72.89% and a negative return on equity of 21.58%. The business had revenue of GBX 120 million for the quarter.

Plexus Stock Down 1.5%

LON:POS traded down GBX 0.04 during mid-day trading on Thursday, reaching GBX 2.71. The stock had a trading volume of 7,288,255 shares, compared to its average volume of 435,686. The stock’s 50 day simple moving average is GBX 5.45 and its two-hundred day simple moving average is GBX 6.25. Plexus has a 1-year low of GBX 2.70 and a 1-year high of GBX 9.50. The company has a market capitalization of £4.68 million, a price-to-earnings ratio of -1.00 and a beta of 0.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.98 and a quick ratio of 1.12.

About Plexus

For over 30 years, Plexus has been protecting the environment, initially with its “through the BOP” (Blow-out Preventer) wellhead designs, and subsequently with its proprietary leak-proof wellhead sealing system, POS-GRIP®.
POS-GRIP technology ensures that net zero, leak-free performance can be guaranteed for the life of a well, reducing harmful methane emissions and unnecessary intervention costs; this helps operators to fulfil their ESG responsibilities.
This simple proprietary method of engineering, using sealing principles derived from the Hertzian Stress Theory, has been independently verified and used by many of the blue-chip oil and gas operators in over 400 wells.
In July 2021, Plexus received the London Stock Exchange’s Green Economy Mark in recognition of its contribution to the global green economy and alignment with net zero and ESG principles.