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

Volex plc (LON:VLX) insider Nathaniel Rothschild bought 5,000 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were bought at an average price 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 acquired 95,000 shares of Volex stock. The shares were bought at an average cost of GBX 399 per share, for a total transaction of £379,050.

Volex Price Performance

Volex stock traded up GBX 2 during mid-day trading on Friday, reaching GBX 429.50. The company had a trading volume of 289,947 shares, compared to its average volume of 741,343. The stock’s 50-day simple moving average is GBX 455.10 and its 200-day simple moving average is GBX 407.28. Volex plc has a 1 year low of GBX 190 and a 1 year high of GBX 500. The company has a debt-to-equity ratio of 51.32, a current ratio of 1.66 and a quick ratio of 1.04. The company has a market capitalization of £788.81 million, a P/E ratio of 14.13 and a beta of 1.07.

Wall Street Analysts Forecast Growth

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