Volution Group (LON:FAN) Posts Quarterly Earnings Results

Volution Group (LON:FAN) announced its quarterly earnings results on Thursday. The company reported GBX 38.20 EPS for the quarter, Digital Look Earnings reports. Volution Group had a net margin of 11.19% and a return on equity of 18.46%.

Volution Group Stock Down 0.1%

FAN stock traded down GBX 0.50 during trading hours on Thursday, hitting GBX 651.50. The company’s stock had a trading volume of 1,598,978 shares, compared to its average volume of 1,974,873. The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The company has a market capitalization of £1.29 billion, a PE ratio of 25.45 and a beta of 1.16. Volution Group has a 12 month low of GBX 547 and a 12 month high of GBX 730. The stock has a 50 day moving average price of GBX 656.72 and a two-hundred day moving average price of GBX 625.58.

Analysts Set New Price Targets

FAN has been the subject of several recent analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 850 price target on shares of Volution Group in a report on Thursday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 735 target price on shares of Volution Group in a research report on Thursday. Finally, Berenberg Bank restated a “buy” rating and set a GBX 880 price objective on shares of Volution Group in a research note on Thursday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 786.25.

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.