Volta Finance (LON:VTA) Trading Down 3.4% - Should You Sell?

Key Points

• Volta Finance Limited's stock price fell by 3.4% to GBX 6.52 ($0.09), with trading volume significantly increasing by 116% compared to the average session.
• The company has a market capitalization of £238.51 million and a price-to-earnings ratio of 5.30.
• Insider transactions included purchases of shares by insiders Joanne Peacegood and Yedau Ogoundele, totaling 3,735 shares valued at approximately $2.58 million in the last quarter.

Volta Finance Limited (LON:VTA - ) fell 3.4% during mid-day trading on Friday . The company traded as low as GBX 6.52 ($0.09) and last traded at GBX 6.52 ($0.09). 9,931 shares were traded during trading, an increase of 116% from the average session volume of 4,591 shares. The stock had previously closed at GBX 6.75 ($0.09).

Volta Finance Trading Down 3.4%

The firm has a 50-day moving average price of GBX 6.89 and a 200-day moving average price of GBX 6.60. The company has a market capitalization of £238.51 million, a price-to-earnings ratio of 5.30 and a beta of 0.87.

Insider Transactions at Volta Finance

In other Volta Finance news, insider Joanne Peacegood purchased 855 shares of the business's stock in a transaction on Friday, August 1st. The stock was bought at an average cost of GBX 690 per share, with a total value of £5,899.50. Also, insider Yedau Ogoundele acquired 704 shares of Volta Finance stock in a transaction dated Friday, August 1st. The shares were acquired at an average price of GBX 690 per share, with a total value of £4,857.60. Insiders purchased 3,735 shares of company stock valued at $2,577,150 in the last quarter. 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.

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