Plexus (LON:POS) Stock Price Down 6%

Shares of Plexus Holdings plc (LON:POS) fell 6% on Tuesday . The stock traded as low as GBX 11.50 ($0.15) and last traded at GBX 11.75 ($0.15). 118,579 shares changed hands during trading, a decline of 48% from the average session volume of 228,370 shares. The stock had previously closed at GBX 12.50 ($0.16).

Plexus Trading Down 11.0 %

The business’s 50-day simple moving average is GBX 13.18 and its two-hundred day simple moving average is GBX 15.01. The firm has a market capitalization of £11.73 million, a price-to-earnings ratio of -425.00 and a beta of 0.83. The company has a quick ratio of 1.12, a current ratio of 1.82 and a debt-to-equity ratio of 16.28.

Plexus Company Profile

Plexus Holdings plc, together with its subsidiaries, provides equipment and services for the oil and gas industry in the United Kingdom and rest of Europe. The company offers POS-GRIP technology, a patented friction grip method of engineering for oil and gas field wellheads, connectors, and metal-to-metal sealings, which includes squeezing one tubular member against another in the elastic range to effect gripping and sealing.