Nexus Infrastructure (LON:NEXS) Sets New 12-Month Low – What’s Next?

Nexus Infrastructure plc (LON:NEXS)’s share price reached a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 89 and last traded at GBX 90, with a volume of 4,193 shares changing hands. The stock had previously closed at GBX 91.50.

Nexus Infrastructure Price Performance

The company has a debt-to-equity ratio of 45.80, a quick ratio of 1.21 and a current ratio of 2.19. The firm has a market capitalization of £8.13 million, a P/E ratio of -5.13 and a beta of 0.32. The stock’s 50 day simple moving average is GBX 97.60 and its 200 day simple moving average is GBX 107.58.

Insider Buying and Selling at Nexus Infrastructure

In other news, insider Clare Lacey purchased 10,717 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was purchased at an average price of GBX 94 per share, for a total transaction of £10,073.98. Corporate insiders own 26.69% 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.