Volta Finance (LON:VTA) Hits New 1-Year High – Time to Buy?

Volta Finance Limited (LON:VTA) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 5.65 ($0.07) and last traded at GBX 5.60 ($0.07), with a volume of 4200 shares traded. The stock had previously closed at GBX 5.48 ($0.07).

Volta Finance Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 19.19 and a quick ratio of 15.15. The firm has a market cap of £2.00 million, a PE ratio of 0.06 and a beta of 0.87. The company’s 50 day moving average price is GBX 5.41 and its 200 day moving average price is GBX 5.27.

Volta Finance Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Thursday, September 26th were paid a €0.15 ($0.15) dividend. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 2.76%. Volta Finance’s dividend payout ratio (DPR) is 0.67%.

Insider Buying and Selling

In other news, insider Joanne Peacegood purchased 890 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was bought at an average price of GBX 550 ($7.01) per share, for a total transaction of £4,895 ($6,234.87). 0.41% of the stock is currently owned by insiders.

About Volta Finance

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.