Volution Group (LON:FAN) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Volution Group plc (LON:FAN)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 624.30 and traded as low as GBX 603. Volution Group shares last traded at GBX 617, with a volume of 805,639 shares.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FAN shares. Berenberg Bank reiterated a “buy” rating and set a GBX 870 price objective on shares of Volution Group in a report on Thursday, July 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 target price on shares of Volution Group in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 753.75.

Volution Group Trading Up 0.3%

The business has a fifty day moving average of GBX 610.10 and a 200-day moving average of GBX 624.26. The company has a debt-to-equity ratio of 100.88, a quick ratio of 0.98 and a current ratio of 2.74. The company has a market capitalization of £1.23 billion, a P/E ratio of 24.18 and a beta of 1.16.

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.