Volex (LON:VLX) Insider Nathaniel Rothschild Purchases 5,000 Shares

Volex plc (LON:VLX) insider Nathaniel Rothschild bought 5,000 shares of Volex stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of GBX 430 per share, for a total transaction of £21,500.

Nathaniel Rothschild also recently made the following trade(s):

• On Thursday, January 8th, Nathaniel Rothschild purchased 95,000 shares of Volex stock. The shares were purchased at an average cost of GBX 399 per share, with a total value of £379,050.

Volex Trading Up 0.2%

Shares of VLX stock opened at GBX 428.50 on Friday. The business has a 50-day moving average price of GBX 454.98 and a two-hundred day moving average price of GBX 407.85. Volex plc has a 12-month low of GBX 190 and a 12-month high of GBX 500. The company has a quick ratio of 1.04, a current ratio of 1.66 and a debt-to-equity ratio of 51.32. The firm has a market cap of £786.97 million, a P/E ratio of 14.10 and a beta of 1.07.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upped their target price on Volex from GBX 470 to GBX 500 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Volex has an average rating of “Buy” and an average price target of GBX 422.50.

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. Headquartered in the UK, we orchestrate operations across 27 advanced manufacturing facilities, uniting 13,000 dynamic individuals from 25 different nations.