Volution Group (LON:FAN) Shares Up 12.3% – What’s Next?

Shares of Volution Group plc (LON:FAN) rose 12.3% during mid-day trading on Thursday . The stock traded as high as GBX 587.50 ($7.62) and last traded at GBX 583 ($7.56). Approximately 2,602,958 shares traded hands during trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.73).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 700 ($9.08) target price on shares of Volution Group in a report on Wednesday, December 11th.

Volution Group Stock Performance

The firm has a market cap of £1.15 billion, a P/E ratio of 26.84 and a beta of 1.36. The stock’s 50-day moving average price is GBX 526.29 and its 200 day moving average price is GBX 553.71. The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98.

Volution Group (LON:FAN) last released its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. As a group, equities analysts predict that Volution Group plc will post 30.0441826 EPS for the current year.

Volution Group Company Profile

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.