Volution Group (LON:FAN) Issues Earnings Results

Volution Group (LON:FAN) released its earnings results on Thursday. The company reported GBX 38.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Volution Group had a return on equity of 18.46% and a net margin of 11.19%.

Volution Group Stock Performance

FAN traded up GBX 8 during midday trading on Thursday, hitting GBX 660. 1,526,284 shares of the company traded hands, compared to its average volume of 1,974,500. The firm has a market capitalization of £1.31 billion, a PE ratio of 25.78 and a beta of 1.16. Volution Group has a 52 week low of GBX 547 and a 52 week high of GBX 730. The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The company’s 50-day moving average is GBX 656.72 and its 200 day moving average is GBX 625.58.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Peel Hunt restated a “buy” rating and set a GBX 735 price target on shares of Volution Group in a research note on Thursday. Berenberg Bank restated a “buy” rating and issued a GBX 880 price objective on shares of Volution Group in a research note on Thursday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 850 price objective on shares of Volution Group in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 786.25.

About Volution Group

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.