Volta Finance (LON:VTA) Stock Price Crosses Below Fifty Day Moving Average of $5.13

Volta Finance Limited (LON:VTAGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 5.13 ($0.06) and traded as low as GBX 5.02 ($0.06). Volta Finance shares last traded at GBX 5.10 ($0.06), with a volume of 4,293 shares changing hands.

Volta Finance Stock Down 4.4 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 15.15 and a current ratio of 33.95. The firm has a market cap of £1.79 million, a price-to-earnings ratio of 0.06 and a beta of 0.90. The firm has a fifty day simple moving average of GBX 5.13 and a 200-day simple moving average of GBX 5.08.

Volta Finance Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 25th. Stockholders of record on Thursday, March 28th will be issued a dividend of €0.14 ($0.15) per share. The ex-dividend date is Thursday, March 28th. This represents a dividend yield of 2.73%. This is an increase from Volta Finance’s previous dividend of $0.14. Volta Finance’s dividend payout ratio (DPR) is currently 0.67%.

About Volta Finance

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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.

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