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

Volex plc (LON:VLX - Get Free Report)'s share price reached a new 52-week low on Monday . The stock traded as low as GBX 246.50 ($3.23) and last traded at GBX 246.50 ($3.23), with a volume of 949770 shares changing hands. The stock had previously closed at GBX 257.71 ($3.38).

Volex Price Performance

The business's fifty day moving average price is GBX 273.32 and its 200-day moving average price is GBX 294.17. The company has a market capitalization of £469.67 million, a P/E ratio of 10.90 and a beta of 1.03. The company has a current ratio of 1.53, a quick ratio of 1.04 and a debt-to-equity ratio of 64.83.

Insider Activity

In related news, insider John Wilson acquired 10,000 shares of Volex stock in a transaction dated Thursday, January 16th. The shares were purchased at an average cost of GBX 272 ($3.56) per share, with a total value of £27,200 ($35,639.41). Also, insider Jon Boaden sold 6,035 shares of Volex stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of GBX 264 ($3.46), for a total value of £15,932.40 ($20,875.79). Corporate insiders own 32.77% of the company's stock.

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.