Volex (OTC:VLXGF) Trading 6.2% Higher – Here’s Why

Volex plc (OTC:VLXGFGet Free Report)’s share price rose 6.2% on Wednesday . The stock traded as high as $5.59 and last traded at $5.59. Approximately 100 shares traded hands during trading, a decline of 99% from the average daily volume of 8,417 shares. The stock had previously closed at $5.2650.

Volex Price Performance

The firm has a 50-day moving average price of $5.22 and a 200-day moving average price of $4.94.

About Volex

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Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; cable harness and power products; copper interconnect cable and data transfer cable; and data center power cables and power cords. It also offers plugs, connectors, and receptacles. Its products are used in complex industrial technology, consumer electronics, electric vehicle, and medical markets.

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