The stock of Volex PLC (LON:VLX) is a huge mover today! The stock increased 3.80% or GBX 1.5 on November 16, hitting GBX 41. About 267,664 shares traded hands or 483.72% up from the average. Volex PLC (LON:VLX) has risen 16.96% since April 19, 2016 and is uptrending. It has outperformed by 12.27% the S&P500.
The move comes after 9 months positive chart setup for the GBX 40.17 million company. It was reported on Nov, 16 by Barchart.com. We have GBX 121.77 PT which if reached, will make LON:VLX worth GBX 79.13 million more.
Volex PLC (LON:VLX) Ratings Coverage
Out of 2 analysts covering Volex Group PLC (LON:VLX), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Volex Group PLC has been the topic of 6 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by FinnCap given on Tuesday, November 17. The rating was maintained by FinnCap on Friday, December 4 with “Buy”. The firm has “Buy” rating given on Wednesday, September 30 by FinnCap. Liberum Capital maintained Volex PLC (LON:VLX) rating on Wednesday, July 27. Liberum Capital has “Buy” rating and GBX 55 price target. The stock of Volex PLC (LON:VLX) has “Buy” rating given on Wednesday, August 5 by FinnCap.
More notable recent Volex PLC (LON:VLX) news were published by: Fool.Co.Uk which released: “3 Unmissable Bear Market Bargains: Prudential plc, Royal Bank of Scotland …” on January 28, 2016, also Fool.Co.Uk with their article: “Why I Would Buy Unilever plc And Volex Group PLC But Sell Kingfisher plc” published on March 27, 2015, Reuters.com published: “Volex appoints Nathaniel Rothschild as executive chairman” on November 27, 2015. More interesting news about Volex PLC (LON:VLX) were released by: Bizjournals.com and their article: “Austin gets another HQ; California’s costs blamed” published on June 08, 2015 as well as Fool.Co.Uk‘s news article titled: “5 Small-Caps With Big Ambitions: Character Group plc, Inland Homes PLC, Tribal …” with publication date: May 22, 2015.
Volex plc is a supplier of power cords and cable assembly solutions servicing a range of markets, including consumer electronics, telecommunications, data centers, medical equipment and the automotive industry. The company has a market cap of 40.17 million GBP. The Company’s divisions include Power Cords, Cable Assemblies and Central. It currently has negative earnings. The Power Cords segment is engaged in the sale and manufacture of electrical power products to manufacturers of electrical/electronic devices and appliances.
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