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

Shares of Volta Finance Limited (LON:VTA) hit a new 52-week high on Tuesday . The company traded as high as GBX 524.47 ($6.48) and last traded at GBX 6.17 ($0.08), with a volume of 4737 shares changing hands. The stock had previously closed at GBX 5.98 ($0.07).

Volta Finance Trading Up 3.3 %

The firm’s 50 day simple moving average is GBX 5.89 and its 200-day simple moving average is GBX 5.50. The company has a market capitalization of £2.26 million, a PE ratio of 0.07 and a beta of 0.87. The company has a quick ratio of 15.15, a current ratio of 19.19 and a debt-to-equity ratio of 0.18.

Volta Finance Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, December 12th were given a €0.15 ($0.16) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This is a positive change from Volta Finance’s previous dividend of $0.15. This represents a yield of 2.63%. Volta Finance’s dividend payout ratio (DPR) is 0.67%.

Insider Transactions at Volta Finance

In other news, insider Joanne Peacegood acquired 890 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was bought at an average cost of GBX 550 ($6.79) per share, with a total value of £4,895 ($6,046.20). Company 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.