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

Volution Group plc (LON:FAN)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 636.15 and traded as high as GBX 655. Volution Group shares last traded at GBX 642, with a volume of 5,063,232 shares trading hands.

Analyst Upgrades and Downgrades

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

Volution Group Stock Up 0.3%

The company has a market capitalization of £1.28 billion, a P/E ratio of 31.11 and a beta of 1.36. The company has a 50-day moving average of GBX 636.15 and a two-hundred day moving average of GBX 639.96. The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97.

Insider Activity at Volution Group

In other news, insider Celia Baxter purchased 3,719 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average price of GBX 628 per share, for a total transaction of £23,355.32. Corporate insiders own 1.11% of the company’s stock.

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.