Volex plc (LON:VLX) Insider John Wilson Acquires 10,000 Shares

Volex plc (LON:VLX - Get Free Report) insider John Wilson purchased 10,000 shares of the stock in a transaction dated Thursday, January 16th. The shares were purchased at an average price of GBX 272 ($3.31) per share, with a total value of £27,200 ($33,094.05).

Volex Trading Up 2.2 %

LON:VLX traded up GBX 6 ($0.07) on Friday, reaching GBX 284 ($3.46). 268,805 shares of the company's stock were exchanged, compared to its average volume of 754,325. The firm has a market capitalization of £512.82 million, a price-to-earnings ratio of 1,775.00 and a beta of 1.03. Volex plc has a 52-week low of GBX 261.50 ($3.18) and a 52-week high of GBX 375 ($4.56). The company has a quick ratio of 1.04, a current ratio of 1.49 and a debt-to-equity ratio of 54.77. The business has a fifty day moving average of GBX 289.48 and a 200-day moving average of GBX 323.14.

Volex Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, November 28th were paid a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.44%. The ex-dividend date was Thursday, November 28th. Volex's payout ratio is currently 2,500.00%.

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.