Volex (VLX)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM 50

341.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 341.00
  • 52 Week Low: 263.00
  • Currency: UK Pounds
  • Shares Issued: 181.62m
  • Volume: 113,125
  • Market Cap: £619.32m
  • RiskGrade: 228

Volex pickec as Tesla charging equipment supplier

By Josh White

Date: Wednesday 09 Aug 2023

LONDON (ShareCast) - (Sharecast News) - Power and data transmission specialist manufacturer Volex announced a significant partnership with electric vehicle giant Tesla on Wednesday.
The AIM-traded firm said the collaboration designated it as a licensed partner for Tesla's North American Charging Standard (NACS) EV charging system.

As part of the collaboration, Volex had been handpicked as the global manufacturer of the genuine NACS coupler.

"As a selected supplier of the NACS coupler, this further validates that Volex continues to be the trusted manufacturing partner of Tesla's charging system technology to the world's leading EV manufacturing companies and suppliers who utilise the NACS EV charging system," said executive chairman Nat Rothschild.

At 1430 BST, shares in Volex were down 1.83% at 308.26p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Volex Market Data

Currency UK Pounds
Share Price 341.00p
Change Today 3.00p
% Change 0.89 %
52 Week High 341.00
52 Week Low 263.00
Volume 113,125
Shares Issued 181.62m
Market Cap £619.32m
RiskGrade 228

Volex Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.39% below the market average69.39% below the market average69.39% below the market average69.39% below the market average69.39% below the market average
23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average
Price Trend
75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average
Income
52.96% below the market average52.96% below the market average52.96% below the market average52.96% below the market average52.96% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Growth
45.83% above the market average45.83% above the market average45.83% above the market average45.83% above the market average45.83% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Volex Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 20-Jul-23
Paid 10-Jan-24 25-Aug-23
Amount 1.40p 2.60p

Trades for 09-May-2024

Time Volume / Share Price
13:15 9,000 @ 340.53p
12:57 16 @ 341.00p
12:55 12 @ 341.00p
12:54 17 @ 341.00p
12:53 43 @ 341.00p

Volex Key Personnel

CFO Jon Boaden

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