Volta Finance (LON:VTA) Reaches New 12-Month Low at $404.00

Volta Finance (LON:VTA) hit a new 52-week low on Wednesday . The company traded as low as GBX 404 ($5.03) and last traded at GBX 5.10 ($0.06), with a volume of 4000 shares traded. The stock had previously closed at GBX 5.04 ($0.06).

Volta Finance Trading Up 2.3 %

The business’s 50-day moving average price is GBX 5.10 and its two-hundred day moving average price is GBX 5.07. The company has a market capitalization of £1.88 million, a P/E ratio of 0.06 and a beta of 0.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 19.19 and a quick ratio of 15.15.

Volta Finance Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 25th. Stockholders of record on Thursday, March 28th will be given a dividend of €0.14 ($0.15) per share. This represents a dividend yield of 2.73%. This is a boost from Volta Finance’s previous dividend of $0.14. The ex-dividend date is Thursday, March 28th. Volta Finance’s dividend payout ratio (DPR) is currently 0.67%.

About Volta Finance

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.