Volex (LON:VLX) Hits New 12-Month Low – What’s Next?

Volex plc (LON:VLX) reached 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. The stock had previously closed at GBX 257.71 ($3.33).

Volex Stock Performance

The company has a debt-to-equity ratio of 64.83, a quick ratio of 1.04 and a current ratio of 1.53. The firm’s 50-day moving average price is GBX 277.47 and its two-hundred day moving average price is GBX 296.32. The stock has a market cap of £571.20 million, a price-to-earnings ratio of 13.26 and a beta of 1.03.

Insider Buying and Selling at Volex

In other Volex news, insider Jon Boaden sold 6,035 shares of Volex stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.41), for a total transaction of £15,932.40 ($20,600.47). Also, insider John Wilson acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was bought at an average price of GBX 272 ($3.52) per share, for a total transaction of £27,200 ($35,169.38). 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.