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Volta Finance (LON:VTA) Sets New 1-Year Low - Should You Sell?

Volta Finance logo with Finance background
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Key Points

  • Share price weakness: Volta Finance hit a new 52-week low of GBX 5.58, trading below its 50-day and 200-day moving averages (GBX 6.28 and GBX 6.55), indicating recent downside pressure.
  • Solid balance-sheet metrics: The company shows very high liquidity (current ratio 23.11, quick ratio 15.15), low leverage (debt/equity 0.26), a market cap of £204.12M and a low P/E of 4.54.
  • Insider activity: Two insiders reported purchases on Feb 2 (Joanne Peacegood 1,055 shares; Stephen Le Page 321 shares) at a reported GBX 664 per share, with insiders owning 0.41% of the stock.
  • Five stocks we like better than Volta Finance.

Volta Finance Limited (LON:VTA - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 5.58 and last traded at GBX 5.58, with a volume of 6844 shares changing hands. 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 has a market cap of £204.12 million, a PE ratio of 4.54 and a beta of 0.87. The firm's 50-day simple moving average is GBX 6.28 and its two-hundred day simple moving average is GBX 6.55.

Insider Buying and Selling at Volta Finance

In related news, insider Joanne Peacegood acquired 1,055 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were purchased at an average cost of GBX 664 per share, with a total value of £7,005.20. Also, insider Stephen Le Page bought 321 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was purchased at an average cost of GBX 664 per share, for a total transaction of £2,131.44. Insiders own 0.41% of the company's stock.

About Volta Finance

(Get Free Report)

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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