Volta Finance (LON:VTA) Stock Price Crosses Above 50 Day Moving Average of $5.19

Volta Finance Limited (LON:VTA) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 5.19 ($0.07) and traded as high as GBX 5.25 ($0.07). Volta Finance shares last traded at GBX 5.25 ($0.07), with a volume of 13,486 shares changing hands.

Volta Finance Stock 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 stock has a market capitalization of £1.91 million, a P/E ratio of 0.06 and a beta of 0.87. The firm’s 50 day simple moving average is GBX 5.19 and its two-hundred day simple moving average is GBX 5.13.

Volta Finance Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 2nd. Shareholders of record on Thursday, July 18th were paid a €0.15 ($0.16) dividend. This is an increase from Volta Finance’s previous dividend of $0.14. This represents a yield of 2.79%. The ex-dividend date was Thursday, July 18th. Volta Finance’s payout ratio is 0.67%.

About Volta Finance

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.