Volta Finance (LON:VTA) Sets New 1-Year High – Here’s What Happened

Volta Finance Limited (LON:VTA)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07), with a volume of 8556 shares traded. The stock had previously closed at GBX 5.28 ($0.07).

Volta Finance Price Performance

The company has a market capitalization of £1.98 million, a PE ratio of 0.06 and a beta of 0.87. The company’s 50-day simple moving average is GBX 5.29 and its 200-day simple moving average is GBX 5.20. The company has a debt-to-equity ratio of 0.18, a quick ratio of 15.15 and a current ratio of 19.19.

Volta Finance Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 22nd. Investors of record on Thursday, September 26th were issued a €0.15 ($0.16) dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 2.76%. Volta Finance’s payout ratio is 0.67%.

Volta Finance Company Profile

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.