Volta Finance (LON:VTA) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Volta Finance Limited (LON:VTA) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 6.33 ($0.08) and traded as low as GBX 5.86 ($0.08). Volta Finance shares last traded at GBX 5.86 ($0.08), with a volume of 335 shares traded.

Volta Finance Price Performance

The stock’s fifty day moving average is GBX 6.33 and its two-hundred day moving average is GBX 5.93. The stock has a market capitalization of £214.18 million, a P/E ratio of 4.76 and a beta of 0.87.

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.