Volex (LON:VLX) Reaches New 52-Week High at $358.00

Volex plc (LON:VLX)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 358 ($4.55) and last traded at GBX 353 ($4.49), with a volume of 673229 shares. The stock had previously closed at GBX 349.50 ($4.44).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 400 ($5.08) price objective on shares of Volex in a research note on Friday, April 19th.

Volex Trading Down 0.3 %

The company has a debt-to-equity ratio of 70.82, a current ratio of 1.46 and a quick ratio of 1.04. The company has a market cap of £637.16 million, a price-to-earnings ratio of 2,200.00 and a beta of 0.96. The business has a 50 day simple moving average of GBX 306.79 and a 200 day simple moving average of GBX 306.17.

Volex Company Profile

Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; cable harness and power products; copper interconnect cable and data transfer cable; and data center power cables and power cords.