Volex (LON:VLX) Rating Reiterated by Berenberg Bank

Berenberg Bank restated their buy rating on shares of Volex (LON:VLX) in a research note released on Wednesday, MarketBeat.com reports. Berenberg Bank currently has a GBX 400 ($5.09) price objective on the stock.

Volex Stock Performance

Shares of LON VLX opened at GBX 338.50 ($4.31) on Wednesday. Volex has a one year low of GBX 264.50 ($3.37) and a one year high of GBX 365 ($4.65). The company has a debt-to-equity ratio of 70.82, a current ratio of 1.46 and a quick ratio of 1.04. The firm has a market cap of £614.78 million, a price-to-earnings ratio of 2,115.63 and a beta of 0.96. The stock’s fifty day moving average price is GBX 327.25 and its two-hundred day moving average price is GBX 311.78.

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.