Volex (LON:VLX) Sets New 1-Year Low – Time to Sell?

Volex plc (LON:VLX)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 246.50 ($3.19) and last traded at GBX 246.50 ($3.19), with a volume of 949770 shares. The stock had previously closed at GBX 257.71 ($3.33).

Volex Price Performance

The company has a debt-to-equity ratio of 64.83, a current ratio of 1.53 and a quick ratio of 1.04. The firm has a market capitalization of £565.32 million, a price-to-earnings ratio of 13.12 and a beta of 1.03. The business’s fifty day simple moving average is GBX 275.46 and its 200 day simple moving average is GBX 295.01.

Insider Activity

In other Volex news, insider John Wilson acquired 10,000 shares of the company’s stock in a transaction on Thursday, January 16th. The shares were purchased at an average cost of GBX 272 ($3.52) per share, with a total value of £27,200 ($35,164.84). Also, insider Jon Boaden sold 6,035 shares of Volex stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.41), for a total transaction of £15,932.40 ($20,597.80). 32.77% of the stock is currently owned by company insiders.

Volex Company Profile

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.