Nexus Infrastructure (LON:NEXS) Hits New 1-Year Low – Here’s Why

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

Nexus Infrastructure Stock Down 1.6%

The business’s 50 day moving average price is GBX 97.90 and its 200-day moving average price is GBX 107.71. The company has a market cap of £8.13 million, a P/E ratio of -5.13 and a beta of 0.32. The company has a debt-to-equity ratio of 45.80, a current ratio of 2.19 and a quick ratio of 1.21.

Insider Activity

In other Nexus Infrastructure news, insider Clare Lacey acquired 10,717 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average cost of GBX 94 per share, for a total transaction of £10,073.98. 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.