Nexus Infrastructure (LON:NEXS) Sets New 1-Year Low at $65.00

Nexus Infrastructure plc (LON:NEXS)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 65 ($0.80) and last traded at GBX 72.50 ($0.90), with a volume of 1002 shares. The stock had previously closed at GBX 72.50 ($0.90).

Nexus Infrastructure Price Performance

The stock has a market cap of £6.55 million, a PE ratio of 40.50 and a beta of 0.71. The company has a debt-to-equity ratio of 35.27, a quick ratio of 1.21 and a current ratio of 2.32. The business has a 50 day moving average price of GBX 77.83 and a two-hundred day moving average price of GBX 84.84.

Nexus Infrastructure Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, April 4th will be given a dividend of GBX 2 ($0.02) per share. The ex-dividend date is Thursday, April 4th. This represents a yield of 2.58%. This is a positive change from Nexus Infrastructure’s previous dividend of $1.00. Nexus Infrastructure’s dividend payout ratio is presently 167.60%.

About Nexus Infrastructure

Nexus Infrastructure plc offers infrastructure and civil engineering services to the housebuilding and commercial sectors in the United Kingdom. It operates through three segments: Tamdown, TriConnex, and eSmart Networks. The company undertakes earthworks; builds highways, substructures, and basements; and installs drainage systems.