Nexus Infrastructure (LON:NEXS) Sets New 1-Year Low – Time to Sell?

Nexus Infrastructure plc (LON:NEXS) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 108 and last traded at GBX 108, with a volume of 168 shares trading hands. The stock had previously closed at GBX 111.

Nexus Infrastructure Stock Performance

The business has a fifty day moving average of GBX 112.81 and a 200 day moving average of GBX 119.55. The company has a market cap of £9.76 million, a P/E ratio of -4.11 and a beta of 0.34. The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 78.31.

Nexus Infrastructure (LON:NEXS) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX (26.30) earnings per share for the quarter. Nexus Infrastructure had a negative net margin of 3.61% and a negative return on equity of 8.59%. On average, equities analysts predict that Nexus Infrastructure plc will post 9.0100003 EPS for the current year.

Insider Buying and Selling at Nexus Infrastructure

In other news, insider Charles Sweeney bought 8,420 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was purchased at an average price of GBX 119 per share, with a total value of £10,019.80. Company 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.