Nexus Infrastructure (LON:NEXS) Reaches New 52-Week Low at $65.00

Nexus Infrastructure plc (LON:NEXS) reached a new 52-week low during mid-day trading on Friday . The company 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 Stock Performance

The business’s 50 day moving average price is GBX 77.83 and its 200-day moving average price is GBX 84.74. The company has a current ratio of 2.32, a quick ratio of 1.21 and a debt-to-equity ratio of 35.27. The company has a market cap of £6.55 million, a price-to-earnings ratio of 40.50 and a beta of 0.71.

Nexus Infrastructure Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, April 4th will be paid a GBX 2 ($0.02) dividend. This is a boost from Nexus Infrastructure’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 2.58%. Nexus Infrastructure’s payout ratio is 167.60%.

Nexus Infrastructure Company Profile

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.