Volution Group (LON:FAN) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of Volution Group plc (LON:FAN) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 641.71 and traded as high as GBX 665. Volution Group shares last traded at GBX 634, with a volume of 253,789 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FAN. Deutsche Bank Aktiengesellschaft increased their price target on shares of Volution Group from GBX 600 to GBX 680 and gave the stock a “hold” rating in a research note on Tuesday, October 14th. Jefferies Financial Group lifted their target price on Volution Group from GBX 780 to GBX 820 and gave the company a “buy” rating in a report on Friday, October 10th. Peel Hunt restated a “buy” rating and set a GBX 625 price target on shares of Volution Group in a research note on Friday, October 10th. Royal Bank Of Canada raised their price objective on Volution Group from GBX 700 to GBX 740 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Finally, Berenberg Bank boosted their target price on Volution Group from GBX 720 to GBX 730 and gave the stock a “buy” rating in a report on Thursday, October 9th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 719.

Volution Group Stock Performance

The stock has a 50 day simple moving average of GBX 641.71 and a 200 day simple moving average of GBX 624.43. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 30.48 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:FAN) last posted its earnings results on Thursday, October 9th. The company reported GBX 33.10 earnings per share (EPS) for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. As a group, analysts predict that Volution Group plc will post 30.0441826 EPS for the current year.

Insider Transactions at Volution Group

In other Volution Group news, insider Andy O’Brien sold 93,607 shares of the business’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of GBX 649, for a total value of £607,509.43. Also, insider Nigel Lingwood acquired 6,545 shares of the firm’s stock in a transaction on Thursday, October 23rd. The stock was purchased at an average cost of GBX 664 per share, with a total value of £43,458.80. Over the last three months, insiders have sold 164,052 shares of company stock valued at $106,962,863. Corporate insiders own 1.10% of the company’s stock.

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.