Volta Finance (LON:VTA) Reaches New 52-Week High – Time to Buy?

Volta Finance Limited (LON:VTA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.40 ($0.07), with a volume of 2908 shares changing hands. The stock had previously closed at GBX 5.40 ($0.07).

Volta Finance Stock Down 2.6 %

The stock has a market cap of £1.92 million, a PE ratio of 0.06 and a beta of 0.87. The business has a 50 day moving average of GBX 5.30 and a 200-day moving average of GBX 5.21. The company has a current ratio of 19.19, a quick ratio of 15.15 and a debt-to-equity ratio of 0.18.

Volta Finance Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Thursday, September 26th were given a dividend of €0.15 ($0.16) per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 2.76%. Volta Finance’s dividend payout ratio (DPR) is presently 0.67%.

Volta Finance Company Profile

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.