Volex (LON:VLX) Hits New 1-Year Low – Time to Sell?

Volex plc (LON:VLX) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 261 ($3.36) and last traded at GBX 265 ($3.41), with a volume of 633766 shares changing hands. The stock had previously closed at GBX 271 ($3.49).

Volex Price Performance

The stock has a 50 day moving average of GBX 278.31 and a 200-day moving average of GBX 297.64. 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 market cap of £609.99 million, a PE ratio of 14.16 and a beta of 1.03.

Insider Transactions at Volex

In related news, insider Jon Boaden sold 6,035 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.40), for a total transaction of £15,932.40 ($20,512.94). Also, insider John Wilson purchased 10,000 shares of the stock in a transaction on Thursday, January 16th. The stock was acquired at an average cost of GBX 272 ($3.50) per share, for a total transaction of £27,200 ($35,019.96). Company insiders own 32.77% of the company’s stock.

Volex Company Profile

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.