Volution Group (LON:FAN) Issues Earnings Results

Volution Group (LON:FAN) released its earnings results on Thursday. The company reported GBX 15.30 ($0.20) earnings per share for the quarter, Digital Look Earnings reports. Volution Group had a return on equity of 17.78% and a net margin of 12.31%.

Volution Group Stock Performance

LON:FAN opened at GBX 576 ($7.45) on Friday. The stock’s 50-day moving average is GBX 527.51 and its 200-day moving average is GBX 554.47. Volution Group has a 1-year low of GBX 400 ($5.17) and a 1-year high of GBX 624 ($8.07). The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. The stock has a market cap of £1.14 billion, a P/E ratio of 26.52 and a beta of 1.36.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 700 ($9.05) target price on shares of Volution Group in a research report on Thursday.

About Volution Group

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.