Nexus Infrastructure (LON:NEXS) Shares Down 3.4%

Nexus Infrastructure plc (LON:NEXSGet Free Report)’s stock price traded down 3.4% on Friday . The company traded as low as GBX 135 ($1.73) and last traded at GBX 140 ($1.79). 9,599 shares traded hands during trading, a decline of 70% from the average session volume of 31,800 shares. The stock had previously closed at GBX 145 ($1.86).

Nexus Infrastructure Stock Performance

The stock has a market cap of £12.64 million, a price-to-earnings ratio of -274.51 and a beta of 0.78. The stock’s 50 day moving average is GBX 87.72 and its two-hundred day moving average is GBX 87.18. The company has a current ratio of 2.52, a quick ratio of 1.21 and a debt-to-equity ratio of 35.41.

Nexus Infrastructure Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 23rd will be paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, May 23rd. Nexus Infrastructure’s dividend payout ratio is currently -588.24%.

Nexus Infrastructure Company Profile

(Get Free Report)

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.

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