Volex plc (LON:VLX - Get Free Report) shares were up 18.3% during mid-day trading on Friday . The stock traded as high as GBX 394 ($5.41) and last traded at GBX 373.31 ($5.12). Approximately 4,640,254 shares were traded during mid-day trading, an increase of 620% from the average daily volume of 644,282 shares. The stock had previously closed at GBX 315.50 ($4.33).
Analyst Ratings Changes
Separately, Canaccord Genuity Group decreased their price objective on Volex from GBX 430 ($5.90) to GBX 340 ($4.67) and set a "buy" rating for the company in a research report on Tuesday, April 8th.
Check Out Our Latest Report on VLX
Volex Price Performance
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 50-day moving average of GBX 277.40 and a 200-day moving average of GBX 272.97. The firm has a market capitalization of £877.27 million, a price-to-earnings ratio of 20.36 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.
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