Volex plc (LON:VLX) Insider Acquires £27,200 in Stock

Volex plc (LON:VLX) insider John Wilson bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were purchased at an average cost of GBX 272 ($3.31) per share, for a total transaction of £27,200 ($33,094.05).

Volex Price Performance

Shares of LON:VLX opened at GBX 284 ($3.46) on Friday. The firm has a market capitalization of £512.82 million, a PE ratio of 1,775.00 and a beta of 1.03. The company has a current ratio of 1.49, a quick ratio of 1.04 and a debt-to-equity ratio of 54.77. The business’s 50 day moving average is GBX 289.48 and its 200-day moving average is GBX 322.99. Volex plc has a 1-year low of GBX 261.50 ($3.18) and a 1-year high of GBX 375 ($4.56).

Volex Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, November 28th were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 0.44%. Volex’s dividend payout ratio (DPR) is currently 2,500.00%.

About Volex

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.