Volta Finance (LON:VTA) Reaches New 52-Week High – Should You Buy?

Volta Finance Limited (LON:VTA)’s stock price reached a new 52-week high on Friday . The stock traded as high as GBX 6.19 ($0.08) and last traded at GBX 6.19 ($0.08), with a volume of 200 shares traded. The stock had previously closed at GBX 5.98 ($0.07).

Volta Finance Trading Up 3.6 %

The company’s 50 day moving average price is GBX 5.96 and its two-hundred day moving average price is GBX 5.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 19.19 and a quick ratio of 15.15. The stock has a market capitalization of £2.26 million, a PE ratio of 0.07 and a beta of 0.87.

Volta Finance Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, December 12th were paid a €0.15 ($0.16) dividend. This is an increase from Volta Finance’s previous dividend of $0.15. This represents a dividend yield of 2.63%. The ex-dividend date of this dividend was Thursday, December 12th. Volta Finance’s dividend payout ratio (DPR) is currently 0.67%.

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.