Plexus (LON:POS) Stock Price Crosses Above 50 Day Moving Average of $2.29

Plexus Holdings plc (LON:POSGet Rating) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 2.29 ($0.03) and traded as high as GBX 2.56 ($0.03). Plexus shares last traded at GBX 2.56 ($0.03), with a volume of 20,000 shares changing hands.

Plexus Stock Up 0.4 %

The firm has a 50 day moving average price of GBX 2.29 and a two-hundred day moving average price of GBX 2.82. The company has a quick ratio of 0.99, a current ratio of 1.14 and a debt-to-equity ratio of 21.98. The company has a market capitalization of £2.70 million and a price-to-earnings ratio of -0.58.

About Plexus

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Plexus Holdings plc, together with its subsidiaries, provides equipment and services for the oil and gas industry in the United Kingdom, Europe, and internationally. The company principally markets 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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