Shares of Volex plc (LON:VLX - Get Free Report) shot up 1.1% during mid-day trading on Friday . The stock traded as high as GBX 283 ($3.61) and last traded at GBX 279.50 ($3.56). 418,019 shares were traded during trading, a decline of 10% from the average session volume of 466,550 shares. The stock had previously closed at GBX 276.50 ($3.52).
Volex Price Performance
The company has a current ratio of 1.49, a quick ratio of 1.04 and a debt-to-equity ratio of 54.77. The stock has a 50-day moving average price of GBX 315.65 and a 200 day moving average price of GBX 336.11. The stock has a market capitalization of £504.69 million, a price-to-earnings ratio of 1,746.88 and a beta of 1.03.
Volex Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, November 28th will be issued a GBX 1.50 ($0.02) dividend. This represents a yield of 0.44%. The ex-dividend date is Thursday, November 28th. Volex's payout ratio is currently 2,500.00%.
About Volex
(
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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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