Nexus Infrastructure (LON:NEXS) Sets New 52-Week Low – Should You Sell?

Shares of Nexus Infrastructure plc (LON:NEXS) hit a new 52-week low during trading on Thursday. The stock traded as low as GBX 85 and last traded at GBX 85, with a volume of 122 shares trading hands. The stock had previously closed at GBX 85.50.

Nexus Infrastructure Stock Performance

The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 45.80. The business’s 50 day moving average is GBX 95.84 and its two-hundred day moving average is GBX 106.80. The company has a market cap of £7.65 million, a PE ratio of -4.82 and a beta of 0.32.

Insider Buying and Selling

In other Nexus Infrastructure news, insider Clare Lacey purchased 10,717 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were acquired at an average cost of GBX 94 per share, with a total value of £10,073.98. 26.69% of the stock is currently owned by corporate insiders.

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.