Volta Finance (LON:VTA) Trading Down 0.9%

Shares of Volta Finance Limited (LON:VTA) fell 0.9% during mid-day trading on Wednesday . The stock traded as low as GBX 5.23 ($0.07) and last traded at GBX 5.23 ($0.07). 109 shares were traded during trading, a decline of 97% from the average session volume of 3,281 shares. The stock had previously closed at GBX 5.27 ($0.07).

Volta Finance Trading Down 0.9 %

The company has a market capitalization of £1.91 million, a price-to-earnings ratio of 0.06 and a beta of 0.87. The firm has a 50-day moving average price of GBX 5.23 and a 200-day moving average price of GBX 5.15. The company has a current ratio of 19.19, a quick ratio of 15.15 and a debt-to-equity ratio of 0.18.

Volta Finance Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, July 18th were given a €0.15 ($0.16) dividend. This represents a dividend yield of 2.79%. The ex-dividend date of this dividend was Thursday, July 18th. This is a boost from Volta Finance’s previous dividend of $0.14. Volta Finance’s dividend payout ratio (DPR) is 0.67%.

Volta Finance Company Profile

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.