Nexus Infrastructure (LON:NEXS) Trading Up 2.8%

Nexus Infrastructure PLC (LON:NEXS)’s stock price rose 2.8% during trading on Wednesday . The company traded as high as GBX 168 ($2.20) and last traded at GBX 166 ($2.17), approximately 8,173 shares traded hands during mid-day trading. A decline of 14% from the average daily volume of 9,468 shares. The stock had previously closed at GBX 161.50 ($2.11).

The company’s 50-day moving average price is GBX 149.24 and its two-hundred day moving average price is GBX 131.66. The company has a market capitalization of $62.89 million and a price-to-earnings ratio of 10.18. The company has a debt-to-equity ratio of 41.88, a current ratio of 1.27 and a quick ratio of 1.16.

In related news, insider Charles Sweeney acquired 25,000 shares of Nexus Infrastructure stock in a transaction dated Friday, September 13th. The stock was bought at an average price of GBX 115 ($1.50) per share, with a total value of £28,750 ($37,566.97). Insiders bought a total of 25,425 shares of company stock worth $2,929,841 over the last three months.

About Nexus Infrastructure (LON:NEXS)

Nexus Infrastructure plc provides infrastructure and engineering services to the housebuilding and commercial sectors in the United Kingdom. The company operates through two segments, Tamdown and TriConnex. It undertakes earthworks and remedial works; builds highways, substructures, and basements; and creates drainage systems, as well as constructs reinforced concrete frames.

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