Volta Finance (LON:VTA) Sets New 1-Year High – Here’s What Happened

Volta Finance Limited (LON:VTA) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07), with a volume of 8556 shares changing hands. The stock had previously closed at GBX 5.28 ($0.07).

Volta Finance Stock Up 0.9 %

The company has a market capitalization of £1.98 million, a price-to-earnings ratio of 0.06 and a beta of 0.87. The business’s 50-day moving average is GBX 5.29 and its 200-day moving average is GBX 5.20. The company has a quick ratio of 15.15, a current ratio of 19.19 and a debt-to-equity ratio of 0.18.

Volta Finance Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 22nd. Investors of record on Thursday, September 26th were given a dividend of €0.15 ($0.16) per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 2.76%. Volta Finance’s payout ratio is currently 0.67%.

About Volta Finance

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.