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Volex (LON:VLX) Stock Crosses Above 200 Day Moving Average - Here's Why

Volex logo with Industrials background

Volex plc (LON:VLX - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 340.46 ($4.43) and traded as high as GBX 341.80 ($4.45). Volex shares last traded at GBX 335 ($4.36), with a volume of 471,112 shares trading hands.

Volex Stock Down 1.5 %

The firm's 50-day moving average price is GBX 330.08 and its 200 day moving average price is GBX 340.61. The firm has a market cap of £595.88 million, a P/E ratio of 2,062.50 and a beta of 1.03. The company has a quick ratio of 1.04, a current ratio of 1.49 and a debt-to-equity ratio of 54.77.

Volex Company Profile

(Get Free Report)

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.

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