Plexus (LON:POS) Share Price Crosses Below Two Hundred Day Moving Average of $17.93

Plexus Holdings plc (LON:POS)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 17.93 ($0.23) and traded as low as GBX 14 ($0.18). Plexus shares last traded at GBX 14 ($0.18), with a volume of 195,821 shares.

Plexus Trading Down 7.4 %

The company has a debt-to-equity ratio of 16.28, a current ratio of 1.82 and a quick ratio of 1.12. The business has a 50 day moving average of GBX 16.52 and a 200 day moving average of GBX 17.93. The firm has a market capitalization of £14.75 million, a price-to-earnings ratio of -425.00 and a beta of 0.76.

Plexus Company Profile

Plexus Holdings plc, together with its subsidiaries, provides equipment and services for the oil and gas industry in the United Kingdom and rest of Europe. The company offers POS-GRIP technology, a patented friction grip method of engineering for oil and gas field wellheads, connectors, and metal-to-metal sealings, which includes squeezing one tubular member against another in the elastic range to effect gripping and sealing.