Volex (LON:VLX) Sets New 52-Week Low – Here’s What Happened

Volex plc (LON:VLX) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 246.50 ($3.19) and last traded at GBX 246.50 ($3.19), with a volume of 949770 shares traded. The stock had previously closed at GBX 257.71 ($3.33).

Volex Price Performance

The stock has a market cap of £565.32 million, a P/E ratio of 13.12 and a beta of 1.03. The business has a 50-day simple moving average of GBX 275.46 and a 200 day simple moving average of GBX 295.01. The company has a current ratio of 1.53, a quick ratio of 1.04 and a debt-to-equity ratio of 64.83.

Insider Activity at Volex

In other Volex news, insider John Wilson acquired 10,000 shares of the stock in a transaction dated Thursday, January 16th. The stock was purchased at an average cost of GBX 272 ($3.52) per share, with a total value of £27,200 ($35,164.84). Also, insider Jon Boaden sold 6,035 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.41), for a total value of £15,932.40 ($20,597.80). 32.77% of the stock is currently owned by company insiders.

About Volex

Volex plc (AIM: VLX) is a driving force in integrated manufacturing for mission-critical applications and a global leader in power and data connectivity solutions. Our diverse operations support international blue-chip customers in five key sectors: Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology and Off-Highway.