Nexus Infrastructure (LON:NEXS) Reaches New 12-Month High Following Insider Buying Activity

Nexus Infrastructure plc (LON:NEXS)’s stock price reached a new 52-week high during mid-day trading on Thursday following insider buying activity. The stock traded as high as GBX 190 ($2.45) and last traded at GBX 185 ($2.38), with a volume of 7708 shares changing hands. The stock had previously closed at GBX 177.50 ($2.29).

Specifically, insider Dawn Hillman acquired 8,601 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was purchased at an average cost of GBX 174 ($2.24) per share, with a total value of £14,965.74 ($19,290.72).

Nexus Infrastructure Price Performance

The firm has a market cap of £16.64 million, a P/E ratio of -1.61 and a beta of 0.88. The company has a fifty day moving average of GBX 129.13 and a 200-day moving average of GBX 130.36. The company has a debt-to-equity ratio of 35.41, a current ratio of 2.52 and a quick ratio of 1.21.

Nexus Infrastructure (LON:NEXS) last released its quarterly earnings results on Thursday, January 23rd. The company reported GBX (30.60) (($0.39)) earnings per share for the quarter. Nexus Infrastructure had a negative return on equity of 32.02% and a negative net margin of 16.28%. On average, sell-side analysts anticipate that Nexus Infrastructure plc will post 9.0100003 EPS 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.