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

Volta Finance Limited (LON:VTA)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 565 ($7.35) and last traded at GBX 6.45 ($0.08), with a volume of 1500 shares. The stock had previously closed at GBX 6.45 ($0.08).

Volta Finance Trading Down 2.8 %

The stock’s 50-day moving average price is GBX 6.30 and its 200-day moving average price is GBX 5.80. The company has a market capitalization of £229.36 million, a P/E ratio of 5.10 and a beta of 0.87.

About Volta Finance

Volta Finance Limited (the “Company” or “Volta”) is a closed-ended limited liability company registered in Guernsey under the Companies (Guernsey) Law, 2008 (as amended) with registered number 45747.

Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.