Plexus (LON:POS) Announces Earnings Results

Plexus (LON:POS) issued its quarterly earnings results on Friday. The company reported GBX (1.25) (($0.02)) earnings per share for the quarter, Digital Look Earnings reports. Plexus had a net margin of 23.05% and a return on equity of 19.48%.

Plexus Trading Up 1.9 %

Shares of LON POS opened at GBX 9.76 ($0.13) on Friday. The stock has a market capitalization of £10.29 million, a P/E ratio of 3.51 and a beta of 0.78. The stock’s 50 day moving average price is GBX 7.87 and its two-hundred day moving average price is GBX 9.77. Plexus has a 52-week low of GBX 6.50 ($0.08) and a 52-week high of GBX 17.50 ($0.23). The company has a quick ratio of 1.12, a current ratio of 1.49 and a debt-to-equity ratio of 8.34.

Plexus Company Profile

For over 30 years, Plexus has been protecting the environment, initially with its “through the BOP” (Blow-out Preventer) wellhead designs, and subsequently with its proprietary leak-proof wellhead sealing system, POS-GRIP®.
POS-GRIP technology ensures that net zero, leak-free performance can be guaranteed for the life of a well, reducing harmful methane emissions and unnecessary intervention costs; this helps operators to fulfil their ESG responsibilities.
This simple proprietary method of engineering, using sealing principles derived from the Hertzian Stress Theory, has been independently verified and used by many of the blue-chip oil and gas operators in over 400 wells.
In July 2021, Plexus received the London Stock Exchange’s Green Economy Mark in recognition of its contribution to the global green economy and alignment with net zero and ESG principles.