Nexus Infrastructure (LON:NEXS) Sets New 52-Week Low – Here’s What Happened

Nexus Infrastructure plc (LON:NEXS)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 93 and last traded at GBX 93, with a volume of 120 shares trading hands. The stock had previously closed at GBX 93.50.

Nexus Infrastructure Trading Down 2.2%

The company has a market capitalization of £8.13 million, a PE ratio of -5.13 and a beta of 0.32. The company has a fifty day simple moving average of GBX 100.41 and a 200-day simple moving average of GBX 105.84. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 45.80.

Insider Buying and Selling at Nexus Infrastructure

In other news, insider Clare Lacey purchased 10,717 shares of the stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average price of GBX 94 per share, with a total value of £10,073.98. Insiders own 26.69% of the company’s stock.

Nexus Infrastructure Company Profile

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.