Volex plc (LON:VLX - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 271.08 ($3.68) and traded as high as GBX 310 ($4.21). Volex shares last traded at GBX 306 ($4.15), with a volume of 1,222,377 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group decreased their price objective on shares of Volex from GBX 430 ($5.83) to GBX 340 ($4.61) and set a "buy" rating for the company in a research note on Tuesday, April 8th.
Check Out Our Latest Analysis on Volex
Volex Stock Up 0.5%
The company has a market cap of £709.72 million, a price-to-earnings ratio of 16.47 and a beta of 1.03. The firm's 50 day simple moving average is GBX 261.70 and its 200-day simple moving average is GBX 271.08. The company has a debt-to-equity ratio of 64.83, a current ratio of 1.53 and a quick ratio of 1.04.
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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