Plexus (LON:POS) Stock Price Crosses Above 50-Day Moving Average of $34.64

Plexus Holdings PLC (LON:POS) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $34.64 and traded as high as $29.00. Plexus shares last traded at $28.00, with a volume of 29,200 shares changing hands.

The firm has a 50 day simple moving average of GBX 34.64 and a two-hundred day simple moving average of GBX 46.03. The company has a debt-to-equity ratio of 0.58, a current ratio of 6.91 and a quick ratio of 6.27. The stock has a market cap of $29.63 million and a price-to-earnings ratio of 29.50.

About Plexus (LON:POS)

Plexus Holdings plc is a United Kingdom-based company, which provides oil and gas engineering services. The Company is engaged in marketing a friction grip method of engineering for oil and gas field wellheads and connectors, named POS-GRIP. The Company is involved in the sale of its POS-GRIP technology and associated products; the rental of wellheads utilizing the POS-GRIP technology, and service, including assisting with the commissioning and on-going service requirements of its equipment.

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