Nexus Infrastructure’s (NEXS) “Add” Rating Reaffirmed at Numis Securities

Nexus Infrastructure (LON:NEXS)‘s stock had its “add” rating reiterated by equities researchers at Numis Securities in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports.

LON:NEXS opened at GBX 128 ($1.67) on Thursday. The company has a debt-to-equity ratio of 32.03, a current ratio of 1.31 and a quick ratio of 1.24. Nexus Infrastructure has a 1 year low of GBX 121.50 ($1.59) and a 1 year high of GBX 216 ($2.82). The firm has a market capitalization of $48.79 million and a price-to-earnings ratio of 6.81.

In other news, insider Alexander Wiseman bought 5,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was acquired at an average cost of GBX 208 ($2.72) per share, with a total value of £10,400 ($13,589.44).

Nexus Infrastructure Company Profile

Nexus Infrastructure plc provides infrastructure and engineering services to the housebuilding and commercial sectors in the United Kingdom. The company operates through two segments, Tamdown and TriConnex. It undertakes earthworks and remedial works; builds highways, substructures, and basements; and creates drainage systems, as well as constructs reinforced concrete frames.

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