Volex plc (LON:VLX - Get Free Report) shot up 18.3% on Thursday . The company traded as high as GBX 394 ($5.41) and last traded at GBX 373.31 ($5.13). 4,640,254 shares traded hands during trading, an increase of 620% from the average session volume of 644,282 shares. The stock had previously closed at GBX 315.50 ($4.33).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group cut their price target on Volex from GBX 430 ($5.90) to GBX 340 ($4.67) and set a "buy" rating on the stock in a research note on Tuesday, April 8th.
Check Out Our Latest Research Report on Volex
Volex Trading Down 1.7%
The company has a debt-to-equity ratio of 64.83, a quick ratio of 1.04 and a current ratio of 1.53. The company has a market cap of £887.15 million, a price-to-earnings ratio of 20.59 and a beta of 1.03. The company's fifty day moving average is GBX 283.49 and its two-hundred day moving average is GBX 274.
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.
See Also
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