Volex plc (LON:VLX) Insider Sells £15,932.40 in Stock

Volex plc (LON:VLX) insider Jon Boaden sold 6,035 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of GBX 264 ($3.23), for a total value of £15,932.40 ($19,493.94).

Volex Stock Performance

Shares of LON VLX opened at GBX 278 ($3.40) on Friday. Volex plc has a 12-month low of GBX 261.50 ($3.20) and a 12-month high of GBX 375 ($4.59). The company has a current ratio of 1.49, a quick ratio of 1.04 and a debt-to-equity ratio of 54.77. The company has a market cap of £501.98 million, a PE ratio of 1,737.50 and a beta of 1.03. The stock has a 50 day simple moving average of GBX 290.42 and a 200-day simple moving average of GBX 323.49.

Volex Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, November 28th were issued a GBX 1.50 ($0.02) dividend. This represents a yield of 0.44%. The ex-dividend date was Thursday, November 28th. Volex’s payout ratio is currently 2,500.00%.

Volex Company Profile

Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; cable harness and power products; copper interconnect cable and data transfer cable; and data center power cables and power cords.