Volex plc (LON:VLX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 271.08 ($3.64) and traded as high as GBX 310 ($4.16). Volex shares last traded at GBX 306 ($4.11), with a volume of 1,222,377 shares traded.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lowered their price objective on shares of Volex from GBX 430 ($5.77) to GBX 340 ($4.56) and set a "buy" rating for the company in a research note on Tuesday, April 8th.
View Our Latest Report on Volex
Volex Price Performance
The company has a 50 day simple moving average of GBX 265.04 and a 200 day simple moving average of GBX 271.17. The company has a market capitalization of £707.40 million, a price-to-earnings ratio of 16.42 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.
Volex Company Profile
(
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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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