Nexus Infrastructure (LON:NEXS) Announces Quarterly Earnings Results

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

Nexus Infrastructure Stock Up 2.6%

NEXS stock opened at GBX 113.88 on Friday. The stock’s fifty day simple moving average is GBX 112.48 and its two-hundred day simple moving average is GBX 119.22. The company has a current ratio of 2.31, a quick ratio of 1.21 and a debt-to-equity ratio of 78.31. Nexus Infrastructure has a 1-year low of GBX 108 and a 1-year high of GBX 179. The stock has a market cap of £10.29 million, a P/E ratio of -4.33 and a beta of 0.34.

Insiders Place Their Bets

In other Nexus Infrastructure news, insider Charles Sweeney acquired 8,420 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were acquired at an average price of GBX 119 per share, with a total value of £10,019.80. Corporate insiders own 26.53% 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.