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

Volex plc (LON:VLX) insider Jon Boaden sold 6,035 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of GBX 264 ($3.21), for a total value of £15,932.40 ($19,384.84).

Volex Stock Up 2.2 %

VLX stock opened at GBX 284 ($3.46) on Friday. The firm has a 50 day moving average of GBX 289.48 and a 200 day moving average of GBX 322.99. The stock has a market capitalization of £512.82 million, a PE ratio of 1,775.00 and a beta of 1.03. Volex plc has a 52 week low of GBX 261.50 ($3.18) and a 52 week high of GBX 375 ($4.56). The company has a quick ratio of 1.04, a current ratio of 1.49 and a debt-to-equity ratio of 54.77.

Volex Cuts Dividend

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

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.