Nathaniel Rothschild Purchases 95,000 Shares of Volex (LON:VLX) Stock

Volex plc (LON:VLX) insider Nathaniel Rothschild bought 95,000 shares of the company’s stock in a transaction dated Thursday, January 8th. The stock was purchased at an average price of GBX 399 per share, for a total transaction of £379,050.

Volex Trading Up 1.5%

Shares of VLX stock opened at GBX 434.50 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.04 and a debt-to-equity ratio of 64.83. Volex plc has a 12-month low of GBX 190 and a 12-month high of GBX 436. The stock has a market capitalization of £797.36 million, a P/E ratio of 14.29 and a beta of 1.03. The firm’s 50 day moving average is GBX 405.06 and its 200 day moving average is GBX 375.79.

Analyst Upgrades and Downgrades

VLX has been the topic of a number of analyst reports. Peel Hunt restated a “buy” rating and set a GBX 380 price objective on shares of Volex in a research report on Thursday, October 16th. Jefferies Financial Group boosted their price target on Volex from GBX 430 to GBX 470 and gave the stock a “buy” rating in a report on Thursday, November 13th. Finally, Berenberg Bank increased their price objective on shares of Volex from GBX 430 to GBX 470 and gave the company a “buy” rating in a report on Tuesday, November 18th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Volex has an average rating of “Buy” and a consensus price target of GBX 415.

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.