Volta Finance (LON:VTA) Shares Down 0.7% - Here's Why

Key Points

• Volta Finance's stock price fell by 0.7% to GBX 6.80 ($0.09) during mid-day trading, with trading volume dropping significantly to 496 shares, a 90% decline from its average daily volume.
• The company has a market capitalization of £248.75 million and a price-to-earnings ratio of 5.53.
• Volta Finance aims to preserve capital and provide a stable stream of income to shareholders, planning to distribute dividends on a quarterly basis.

Volta Finance Limited (LON:VTA - )'s stock price dropped 0.7% during mid-day trading on Thursday . The company traded as low as GBX 6.80 ($0.09) and last traded at GBX 6.80 ($0.09). Approximately 496 shares were traded during trading, a decline of 90% from the average daily volume of 4,845 shares. The stock had previously closed at GBX 6.85 ($0.09).

Volta Finance Price Performance

The business has a fifty day moving average of GBX 6.64 and a 200-day moving average of GBX 6.38. The stock has a market capitalization of £248.75 million, a price-to-earnings ratio of 5.53 and a beta of 0.87.

About Volta Finance

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.

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