Volex plc (LON:VLX - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 277.54 ($3.69) and traded as low as GBX 256 ($3.41). Volex shares last traded at GBX 259 ($3.45), with a volume of 181,301 shares changing hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group dropped their price objective on Volex from GBX 430 ($5.72) to GBX 340 ($4.52) and set a "buy" rating for the company in a report on Tuesday, April 8th.
View Our Latest Analysis on VLX
Volex Trading Up 3.7%
The firm has a market cap of £620.43 million, a price-to-earnings ratio of 14.40 and a beta of 1.03. The company has a quick ratio of 1.04, a current ratio of 1.53 and a debt-to-equity ratio of 64.83. The business has a 50 day moving average price of GBX 250.69 and a 200-day moving average price of GBX 276.43.
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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