Shares of Volex plc (LON:VLX - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 296.66 ($4.00) and traded as high as GBX 355 ($4.79). Volex shares last traded at GBX 355 ($4.79), with a volume of 223,243 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on VLX. Berenberg Bank lifted their target price on Volex from GBX 415 to GBX 430 and gave the company a "buy" rating in a research note on Friday, July 11th. Jefferies Financial Group reissued a "buy" rating and set a GBX 430 target price on shares of Volex in a research note on Thursday, August 7th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of GBX 400.
Read Our Latest Analysis on Volex
Volex Trading Down 1.3%
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 stock has a 50 day simple moving average of GBX 359.42 and a 200-day simple moving average of GBX 297.75. The firm has a market cap of £807.14 million, a P/E ratio of 18.73 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.
Further Reading
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