Volex (LON:VLX) Hits New 52-Week Low - Should You Sell?

Shares of Volex plc (LON:VLX - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 261 ($3.38) and last traded at GBX 265 ($3.43), with a volume of 633766 shares trading hands. The stock had previously closed at GBX 271 ($3.51).

Volex Trading Down 2.3 %

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 stock has a market capitalization of £596.07 million, a price-to-earnings ratio of 13.83 and a beta of 1.03. The business has a fifty day moving average of GBX 277.47 and a 200-day moving average of GBX 296.56.

Insider Transactions at Volex

In other news, insider John Wilson purchased 10,000 shares of the business's stock in a transaction dated Thursday, January 16th. The shares were acquired at an average price of GBX 272 ($3.52) per share, for a total transaction of £27,200 ($35,205.80). Also, insider Jon Boaden sold 6,035 shares of the company's stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.42), for a total transaction of £15,932.40 ($20,621.80). 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.