Volta Finance (LON:VTA) Sets New 52-Week Low – Here’s What Happened

Volta Finance Limited (LON:VTA) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 5.53 and last traded at GBX 5.80, with a volume of 2285 shares changing hands. The stock had previously closed at GBX 5.68.

Volta Finance Price Performance

The stock has a market capitalization of £212.17 million, a P/E ratio of 4.72 and a beta of 0.29. The firm has a 50 day moving average of GBX 6.04 and a 200-day moving average of GBX 6.43.

Insider Activity

In other news, insider Stephen Le Page purchased 321 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average cost of GBX 664 per share, for a total transaction of £2,131.44. Also, insider Joanne Peacegood purchased 1,055 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average price of GBX 664 per share, for a total transaction of £7,005.20. Insiders own 0.41% of the company’s stock.

Volta Finance Company Profile

Volta Finance Limited (the “Company” or “Volta”) is a closed-ended limited liability company registered in Guernsey under the Companies (Guernsey) Law, 2008 (as amended) with registered number 45747.

Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. Volta’s investment strategy focuses on direct and indirect investments in, and exposures to, a variety of assets selected for the purpose of generating cash flows for the Company.