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

Volta Finance Limited (LON:VTA)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 565 ($7.34) and last traded at GBX 6.45 ($0.08), with a volume of 1500 shares traded. The stock had previously closed at GBX 6.45 ($0.08).

Volta Finance Price Performance

The company has a market capitalization of £235.94 million, a price-to-earnings ratio of 5.25 and a beta of 0.87. The business’s 50 day simple moving average is GBX 6.29 and its 200 day simple moving average is GBX 5.79.

About Volta Finance

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.