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

Volution Group plc (LON:FANGet Free Report) shares rose 12.3% during trading on Thursday . The company traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). Approximately 2,602,958 shares were traded during trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Wall Street Analyst Weigh In

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

Get Our Latest Report on Volution Group

Volution Group Price Performance

The stock’s 50-day moving average is GBX 527.51 and its 200 day moving average is GBX 554.47. The stock has a market capitalization of £1.14 billion, a PE ratio of 26.52 and a beta of 1.36. The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97.

Volution Group (LON:FANGet Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. As a group, equities analysts predict that Volution Group plc will post 30.0441826 earnings per share for the current 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.

Further Reading

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.