Volex (LON:VLX) Sets New 52-Week Low – Should You Sell?

Volex plc (LON:VLX) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 261 ($3.36) and last traded at GBX 265 ($3.41), with a volume of 633766 shares traded. The stock had previously closed at GBX 271 ($3.49).

Volex Trading Down 0.8 %

The stock has a market capitalization of £609.99 million, a P/E ratio of 14.16 and a beta of 1.03. The stock’s 50 day moving average price is GBX 278.31 and its 200-day moving average price is GBX 297.64. The company has a quick ratio of 1.04, a current ratio of 1.53 and a debt-to-equity ratio of 64.83.

Insider Buying and Selling at Volex

In other Volex news, insider Jon Boaden sold 6,035 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.40), for a total transaction of £15,932.40 ($20,512.94). Also, insider John Wilson acquired 10,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was purchased at an average cost of GBX 272 ($3.50) per share, for a total transaction of £27,200 ($35,019.96). Insiders own 32.77% of the company’s stock.

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.