Volex plc (LON:VLX) Insider John Wilson Buys 10,000 Shares

Volex plc (LON:VLX) insider John Wilson acquired 10,000 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were acquired at an average price of GBX 272 ($3.33) per share, with a total value of £27,200 ($33,292.53).

Volex Price Performance

Volex stock traded up GBX 8.50 ($0.10) during midday trading on Thursday, reaching GBX 278 ($3.40). The company had a trading volume of 413,169 shares, compared to its average volume of 798,463. The firm’s fifty day simple moving average is GBX 291.56 and its 200-day simple moving average is GBX 323.81. Volex plc has a 12-month low of GBX 261.50 ($3.20) and a 12-month high of GBX 375 ($4.59). The company has a market capitalization of £501.98 million, a P/E ratio of 1,737.50 and a beta of 1.03. The company has a debt-to-equity ratio of 54.77, a current ratio of 1.49 and a quick ratio of 1.04.

Volex Cuts Dividend

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

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.