Nexus Infrastructure (LON:NEXS) Hits New 1-Year High – Here’s What Happened

Nexus Infrastructure plc (LON:NEXS) shares reached a new 52-week high during trading on Friday . The stock traded as high as GBX 164 ($2.06) and last traded at GBX 161.90 ($2.04), with a volume of 57505 shares changing hands. The stock had previously closed at GBX 147.50 ($1.86).

Nexus Infrastructure Trading Up 9.8 %

The company has a 50 day simple moving average of GBX 127.15 and a 200 day simple moving average of GBX 129.98. The company has a current ratio of 2.52, a quick ratio of 1.21 and a debt-to-equity ratio of 35.41. The stock has a market capitalization of £14.57 million, a PE ratio of -1.41 and a beta of 0.88.

Nexus Infrastructure (LON:NEXS) last released its quarterly earnings results on Thursday, January 23rd. The company reported GBX (30.60) (($0.38)) EPS for the quarter. Nexus Infrastructure had a negative return on equity of 32.02% and a negative net margin of 16.28%. Analysts predict that Nexus Infrastructure plc will post 9.0100003 earnings per share for the current fiscal year.

About Nexus Infrastructure

Nexus is a leading provider of essential infrastructure solutions to the UK housebuilding sector through its operational business, Tamdown.

Tamdown provides a range of civil engineering and infrastructure services to the UK housebuilding sectors, with operations focused on the South-East of England and London.