Volta Finance (LON:VTA) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Volta Finance Limited (LON:VTA)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 6.36 ($0.08) and traded as high as GBX 6.45 ($0.08). Volta Finance shares last traded at GBX 6.40 ($0.08), with a volume of 15,800 shares.

Volta Finance Price Performance

The company has a market cap of £234.12 million, a price-to-earnings ratio of 5.21 and a beta of 0.87. The business has a 50 day simple moving average of GBX 6.36 and a 200 day simple moving average of GBX 5.88.

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.