Shares of Volex plc (LON:VLX - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 277.54 ($3.68) and traded as low as GBX 256 ($3.40). Volex shares last traded at GBX 259 ($3.44), with a volume of 181,301 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group decreased their price target on shares of Volex from GBX 430 ($5.70) to GBX 340 ($4.51) and set a "buy" rating on the stock in a research note on Tuesday, April 8th.
Check Out Our Latest Report on Volex
Volex Stock Up 1.1%
The firm's fifty day simple moving average is GBX 250.26 and its two-hundred day simple moving average is GBX 276.31. The company has a current ratio of 1.53, a quick ratio of 1.04 and a debt-to-equity ratio of 64.83. The company has a market capitalization of £630.86 million, a price-to-earnings ratio of 14.64 and a beta of 1.03.
About Volex
(
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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.
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