Numis Securities Reiterates Add Rating for Nexus Infrastructure (NEXS)

Numis Securities reissued their add rating on shares of Nexus Infrastructure (LON:NEXS) in a research report report published on Thursday morning, ThisIsMoney.Co.Uk reports.

LON:NEXS traded down GBX 2.50 ($0.03) on Thursday, hitting GBX 123.50 ($1.61). 10,998 shares of the stock were exchanged, compared to its average volume of 9,468. The firm has a market capitalization of $48.03 million and a PE ratio of 6.57. The company has a debt-to-equity ratio of 32.03, a current ratio of 1.31 and a quick ratio of 1.24. Nexus Infrastructure has a fifty-two week low of GBX 121.50 ($1.59) and a fifty-two week high of GBX 216 ($2.82).

In other news, insider Alexander Wiseman purchased 5,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of GBX 208 ($2.72) per share, for a total transaction of £10,400 ($13,589.44).

Nexus Infrastructure Company Profile

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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