Volex plc (LON:VLX) Insider John Wilson Buys 10,000 Shares of Stock

Volex plc (LON:VLX) insider John Wilson bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were purchased at an average cost of GBX 272 ($3.33) per share, for a total transaction of £27,200 ($33,280.31).

Volex Stock Up 3.2 %

VLX opened at GBX 278 ($3.40) on Friday. The stock’s fifty day moving average is GBX 290.42 and its 200-day moving average is GBX 323.49. Volex plc has a one year low of GBX 261.50 ($3.20) and a one year high of GBX 375 ($4.59). The company has a market capitalization of £501.98 million, a PE ratio of 1,737.50 and a beta of 1.03. The company has a debt-to-equity ratio of 54.77, a quick ratio of 1.04 and a current ratio of 1.49.

Volex Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, November 28th were paid a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.44%. The ex-dividend date of this dividend was Thursday, November 28th. Volex’s dividend payout ratio is presently 2,500.00%.

About Volex

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.