Plexus Holdings plc (POS.L)
Plexus Holdings plc operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Worthing, WS, GB. The stock last traded at $3.65, down 1.35% on the session, giving a market capitalisation of $6.3M. Its beta of 0.61 implies it has historically moved less than the broad market.
Plexus Holdings plc, along with its associated companies, supplies specialized equipment and support services to the petroleum industry throughout the United Kingdom, Europe, and on a global scale. A primary offering from the company is its patented POS-GRIP technology, an innovative friction-based engineering system. This method is utilized in oil and gas field wellheads, connectors, and metal-to-metal seals, functioning by elastically deforming one tubular component against another to ensure a secure grip and seal. Additionally, Plexus Holdings commercially develops various subsea applications and undertakes the design, fabrication, and manufacturing of products related to valves. The company was founded in 1985 and has its headquarters in Worthing, United Kingdom.
Plexus Holdings plc is most often compared with the following Energy names: