Volex plc (LON:VLX) Insider Jon Boaden Sells 6,035 Shares

Volex plc (LON:VLX) insider Jon Boaden sold 6,035 shares of Volex stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of GBX 264 ($3.23), for a total transaction of £15,932.40 ($19,493.94).

Volex Stock Performance

Volex stock opened at GBX 278 ($3.40) on Friday. Volex plc has a 12-month low of GBX 261.50 ($3.20) and a 12-month high of GBX 375 ($4.59). The company has a debt-to-equity ratio of 54.77, a current ratio of 1.49 and a quick ratio of 1.04. The company has a market capitalization of £501.98 million, a price-to-earnings ratio of 1,737.50 and a beta of 1.03. The firm’s fifty day moving average price is GBX 290.42 and its 200 day moving average price is GBX 323.49.

Volex Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, November 28th were paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 0.44%. Volex’s dividend payout ratio (DPR) 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.