Volex (LON:VLX) Sets New 12-Month High at $365.00

Volex plc (LON:VLXGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 365 ($4.66) and last traded at GBX 353.50 ($4.51), with a volume of 259192 shares changing hands. The stock had previously closed at GBX 360.60 ($4.61).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.11) price target on shares of Volex in a research report on Friday, April 19th.

Read Our Latest Analysis on VLX

Volex Trading Down 0.6 %

The company has a 50 day moving average of GBX 314.58 and a 200 day moving average of GBX 308.77. The company has a debt-to-equity ratio of 70.82, a quick ratio of 1.04 and a current ratio of 1.46. The stock has a market capitalization of £628.41 million, a price-to-earnings ratio of 2,175.00 and a beta of 0.96.

Volex Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Volex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volex and related companies with MarketBeat.com's FREE daily email newsletter.