Volex (LON:VLX) Insider John Wilson Purchases 89 Shares

Volex plc (LON:VLX) insider John Wilson bought 89 shares of the company’s stock in a transaction on Friday, September 12th. The shares were acquired at an average price of GBX 335 per share, with a total value of £298.15.

Volex Stock Up 0.1%

Shares of LON:VLX opened at GBX 334 on Tuesday. Volex plc has a 1 year low of GBX 190 and a 1 year high of GBX 394. The business has a 50 day simple moving average of GBX 357.05 and a two-hundred day simple moving average of GBX 304.07. The firm has a market capitalization of £612.55 million, a PE ratio of 1,304.69 and a beta of 1.03. The company has a debt-to-equity ratio of 64.83, a current ratio of 1.53 and a quick ratio of 1.04.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Berenberg Bank boosted their target price on Volex from GBX 415 to GBX 430 and gave the company a “buy” rating in a research report on Friday, July 11th. Jefferies Financial Group restated a “buy” rating and set a GBX 430 target price on shares of Volex in a research report on Thursday, August 7th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 400.

About Volex

Volex plc (AIM:VLX) is a driving force in integrated manufacturing for mission-critical applications and a global leader in power and data connectivity solutions. Our diverse operations support international blue-chip customers in five key end-markets: Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology and Off-Highway.