Volta Finance (LON:VTA) Shares Cross Below 50-Day Moving Average of $5.09

Volta Finance (LON:VTA) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 5.09 ($0.06) and traded as low as GBX 5.04 ($0.06). Volta Finance shares last traded at GBX 5.04 ($0.06), with a volume of 2,000 shares traded.

Volta Finance Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 15.15 and a current ratio of 19.19. The company has a 50-day simple moving average of GBX 5.09 and a 200-day simple moving average of GBX 5.07. The company has a market cap of £1.84 million, a price-to-earnings ratio of 0.06 and a beta of 0.87.

Volta Finance Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, March 28th will be given a dividend of €0.14 ($0.15) per share. This is a boost from Volta Finance’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, March 28th. This represents a yield of 2.73%. Volta Finance’s payout ratio is presently 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.