Volution Group (LON:FAN) Shares Up 12.3% – Here’s What Happened

Volution Group plc (LON:FANGet Free Report) rose 12.3% during 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).

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on FAN

Volution Group Trading Up 12.3 %

The company has a market cap of £1.15 billion, a price-to-earnings ratio of 26.84 and a beta of 1.36. 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 business’s 50 day moving average price is GBX 526.29 and its 200-day moving average price is GBX 553.71.

Volution Group (LON:FANGet Free Report) last released its quarterly 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%. On average, equities analysts anticipate that Volution Group plc will post 30.0441826 EPS for the current fiscal year.

About Volution Group

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Volution Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volution Group and related companies with MarketBeat.com's FREE daily email newsletter.