Plexus (LON:POS) Hits New 52-Week Low – Time to Sell?

Plexus Holdings plc (LON:POSGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 9 ($0.12) and last traded at GBX 9.05 ($0.12), with a volume of 401297 shares changing hands. The stock had previously closed at GBX 9.75 ($0.13).

Plexus Trading Down 7.2 %

The company has a market capitalization of £9.53 million, a P/E ratio of -425.00 and a beta of 0.78. The company has a quick ratio of 1.12, a current ratio of 1.82 and a debt-to-equity ratio of 16.28. The firm’s 50-day moving average price is GBX 11.89 and its 200 day moving average price is GBX 13.40.

Plexus Company Profile

(Get Free Report)

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.

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