Nexus Infrastructure (LON:NEXS) Reaches New 12-Month Low at $65.00

Nexus Infrastructure plc (LON:NEXS) shares reached a new 52-week low 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 trading hands. The stock had previously closed at GBX 72.50 ($0.90).

Nexus Infrastructure Stock Performance

The stock’s 50 day simple moving average is GBX 77.83 and its two-hundred day simple moving average is GBX 84.84. The company has a market capitalization of £6.55 million, a P/E ratio of 40.50 and a beta of 0.71. The company has a debt-to-equity ratio of 35.27, a current ratio of 2.32 and a quick ratio of 1.21.

Nexus Infrastructure Increases Dividend

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