Plexus (LON:POS) Issues Quarterly Earnings Results

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

Plexus Stock Performance

Shares of POS stock traded down GBX 0.04 during trading on Thursday, hitting GBX 2.71. The company’s stock had a trading volume of 7,288,255 shares, compared to its average volume of 435,686. The company has a current ratio of 2.98, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54. The company has a market cap of £4.68 million, a PE ratio of -1.00 and a beta of 0.78. The business has a fifty day moving average of GBX 5.45 and a 200-day moving average of GBX 6.25. Plexus has a 52 week low of GBX 2.70 and a 52 week high of GBX 9.50.

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.