Volution Group (LON:FAN) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Volution Group plc (LON:FAN) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 606.12 and traded as low as GBX 575. Volution Group shares last traded at GBX 590, with a volume of 847,381 shares changing hands.

Analyst Ratings Changes

Several brokerages have weighed in on FAN. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 840 price objective on shares of Volution Group in a research note on Thursday, May 28th. Berenberg Bank reiterated a “buy” rating and set a GBX 870 price target on shares of Volution Group in a research report on Thursday, March 12th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 751.

Volution Group Trading Up 0.3%

The business’s 50-day moving average price is GBX 606.12 and its two-hundred day moving average price is GBX 627.21. The company has a market capitalization of £1.17 billion, a P/E ratio of 23.12 and a beta of 1.16. The company has a debt-to-equity ratio of 100.88, a current ratio of 2.74 and a quick ratio of 0.98.

Volution Group Company Profile

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.