Volta Finance (LON:VTA) Reaches New 52-Week Low - Here's What Happened

Key Points

• Volta Finance hit a new 52-week low, trading as low as GBX 5.58 and last at GBX 5.70 on Tuesday with a volume of 83,329 shares.
• The company reports very strong liquidity (current ratio 23.11, quick ratio 15.15) and low leverage (debt-to-equity 0.26), yet the share price sits below both the 50-day (GBX 6.20) and 200-day (GBX 6.51) moving averages; market cap is £208.55m with a P/E of 4.64.
• Insiders Joanne Peacegood and Stephen Le Page purchased 1,055 and 321 shares respectively on Feb 2 (reported at an average cost of GBX 664 per share), and insiders collectively own 0.41% of the stock.

Volta Finance Limited (LON:VTA - )'s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 5.58 and last traded at GBX 5.70, with a volume of 83329 shares traded. The stock had previously closed at GBX 5.73.

Volta Finance Stock Performance

The company has a current ratio of 23.11, a quick ratio of 15.15 and a debt-to-equity ratio of 0.26. The company's 50 day moving average is GBX 6.20 and its 200-day moving average is GBX 6.51. The company has a market capitalization of £208.55 million, a P/E ratio of 4.64 and a beta of 0.87.

Insider Activity

In other news, insider Joanne Peacegood acquired 1,055 shares of Volta Finance stock in a transaction on Monday, February 2nd. The stock was acquired at an average cost of GBX 664 per share, for a total transaction of £7,005.20. Also, insider Stephen Le Page acquired 321 shares of Volta Finance stock in a transaction on Monday, February 2nd. The shares were purchased at an average price of GBX 664 per share, with a total value of £2,131.44. 0.41% of the stock is owned by company insiders.

Volta Finance Company Profile

Volta Finance Limited (the “Company” or “Volta”) is a closed-ended limited liability company registered in Guernsey under the Companies (Guernsey) Law, 2008 (as amended) with registered number 45747. Volta's investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. Volta's investment strategy focuses on direct and indirect investments in, and exposures to, a variety of assets selected for the purpose of generating cash flows for the Company.

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