Volta Finance (LON:VTA) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Volta Finance Limited (LON:VTA)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 5.85 ($0.07) and traded as high as GBX 6.15 ($0.07). Volta Finance shares last traded at GBX 6.15 ($0.07), with a volume of 175 shares trading hands.

Volta Finance Price Performance

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 company has a 50 day simple moving average of GBX 5.85 and a 200-day simple moving average of GBX 5.48. The stock has a market cap of £2.25 million, a price-to-earnings ratio of 0.07 and a beta of 0.87.

Volta Finance Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, December 12th were given a dividend of €0.15 ($0.15) per share. This is a positive change from Volta Finance’s previous dividend of $0.15. This represents a dividend yield of 2.63%. The ex-dividend date was Thursday, December 12th. Volta Finance’s dividend payout ratio is currently 0.67%.

Insiders Place Their Bets

In other Volta Finance news, insider Joanne Peacegood bought 890 shares of the business’s stock in a transaction on Friday, November 1st. The shares were purchased at an average price of GBX 550 ($6.69) per share, with a total value of £4,895 ($5,955.71). 0.41% of the stock is currently owned by corporate insiders.

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.