Plexus (LON:POS) Trading Up 19% – Should You Buy?

Plexus Holdings plc (LON:POS)’s stock price was up 19% on Monday . The stock traded as high as GBX 6.90 and last traded at GBX 6.90. Approximately 480,925 shares were traded during trading, an increase of 73% from the average daily volume of 277,426 shares. The stock had previously closed at GBX 5.80.

Plexus Trading Up 19.0%

The company has a debt-to-equity ratio of 8.34, a quick ratio of 1.12 and a current ratio of 1.49. The stock has a market capitalization of £11.92 million, a price-to-earnings ratio of -11.31 and a beta of 0.78. The business has a fifty day simple moving average of GBX 6.21 and a 200 day simple moving average of GBX 7.38.

Plexus (LON:POS) last posted its earnings results on Friday, December 19th. The company reported GBX (2.70) earnings per share for the quarter. Plexus had a return on equity of 19.48% and a net margin of 23.05%. As a group, research analysts expect that Plexus Holdings plc will post 3.256705 EPS for the current year.

Plexus Company Profile

For over 30 years, Plexus has been protecting the environment, initially with its “through the BOP” (Blow-out Preventer) wellhead designs, and subsequently with its proprietary leak-proof wellhead sealing system, POS-GRIP®.
POS-GRIP technology ensures that net zero, leak-free performance can be guaranteed for the life of a well, reducing harmful methane emissions and unnecessary intervention costs; this helps operators to fulfil their ESG responsibilities.
This simple proprietary method of engineering, using sealing principles derived from the Hertzian Stress Theory, has been independently verified and used by many of the blue-chip oil and gas operators in over 400 wells.
In July 2021, Plexus received the London Stock Exchange’s Green Economy Mark in recognition of its contribution to the global green economy and alignment with net zero and ESG principles.