Volta Finance (LON:VTA) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Volta Finance Limited (LON:VTA) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 5.96 ($0.07) and traded as high as GBX 6.17 ($0.08). Volta Finance shares last traded at GBX 6.17 ($0.08), with a volume of 2,563 shares trading hands.

Volta Finance Stock Up 3.3 %

The company has a quick ratio of 15.15, a current ratio of 19.19 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of £2.26 million, a P/E ratio of 0.07 and a beta of 0.87. The firm has a 50 day simple moving average of GBX 5.96 and a two-hundred day simple moving average of GBX 5.53.

Volta Finance Increases Dividend

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

Insider Buying and Selling at Volta Finance

In other Volta Finance news, insider Joanne Peacegood acquired 890 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was acquired at an average price of GBX 550 ($6.85) per share, for a total transaction of £4,895 ($6,094.37). 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.