Plexus (LON:POS) Share Price Crosses Above Fifty Day Moving Average of $3.14

Shares of Plexus Holdings plc (LON:POS – Get Rating) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 3.14 ($0.04) and traded as high as GBX 3.20 ($0.04). Plexus shares last traded at GBX 3.15 ($0.04), with a volume of 547,853 shares trading hands.

Plexus Price Performance

The company has a quick ratio of 1.12, a current ratio of 3.42 and a debt-to-equity ratio of 19.86. The firm has a market cap of £3.02 million, a P/E ratio of -45.00 and a beta of 1.24. The company has a 50 day moving average of GBX 3.14 and a two-hundred day moving average of GBX 2.63.

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, rest of 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.