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

Volex plc (LON:VLX) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 261 ($3.37) and last traded at GBX 265 ($3.42), with a volume of 633766 shares changing hands. The stock had previously closed at GBX 271 ($3.50).

Volex Trading Down 2.2 %

The stock’s fifty day moving average is GBX 278.34 and its 200 day moving average is GBX 298.41. The stock has a market cap of £614.61 million, a P/E ratio of 14.26 and a beta of 1.03. The company has a debt-to-equity ratio of 64.83, a quick ratio of 1.04 and a current ratio of 1.53.

Insider Buying and Selling at Volex

In other Volex news, insider John Wilson purchased 10,000 shares of the stock in a transaction dated Thursday, January 16th. The stock was purchased at an average price of GBX 272 ($3.51) per share, with a total value of £27,200 ($35,146.66). Also, insider Jon Boaden sold 6,035 shares of Volex stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.41), for a total value of £15,932.40 ($20,587.16). 32.77% of the stock is currently owned by corporate 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.