Volta Finance (LON:VTA) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Volta Finance Limited (LON:VTAGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 6.59 and traded as low as GBX 6.58. Volta Finance shares last traded at GBX 6.58, with a volume of 20,663 shares.

Volta Finance Trading Up 0.5%

The firm has a market capitalization of £240.70 million, a price-to-earnings ratio of 5.35 and a beta of 0.87. The company has a fifty day moving average price of GBX 6.59 and a 200-day moving average price of GBX 6.75.

About Volta Finance

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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. Volta’s investment strategy focuses on direct and indirect investments in, and exposures to, a variety of assets selected for the purpose of generating cash flows for the Company.

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