Volta Finance (LON:VTA) Reaches New 1-Year High – Here’s What Happened

Volta Finance Limited (LON:VTA) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07), with a volume of 8556 shares trading hands. The stock had previously closed at GBX 5.28 ($0.07).

Volta Finance Price Performance

The stock’s fifty day moving average price is GBX 5.28 and its 200-day moving average price is GBX 5.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 15.15 and a current ratio of 19.19. The firm has a market cap of £2.01 million, a PE ratio of 0.06 and a beta of 0.87.

Volta Finance Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 22nd. Stockholders of record on Thursday, September 26th will be issued a €0.15 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 2.76%. Volta Finance’s dividend payout ratio 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.