Volution Group (LON:FAN) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Volution Group plc (LON:FAN) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 612.40 and traded as high as GBX 619. Volution Group shares last traded at GBX 602, with a volume of 569,564 shares traded.

Wall Street Analyst Weigh In

A number of analysts recently commented on FAN shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 840 target price on shares of Volution Group in a research note on Thursday, May 28th. Berenberg Bank reiterated a “buy” rating and issued a GBX 870 target price on shares of Volution Group in a research note on Thursday, March 12th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 751.

Volution Group Stock Performance

The company has a debt-to-equity ratio of 100.88, a quick ratio of 0.98 and a current ratio of 2.74. The firm’s 50 day simple moving average is GBX 612.40 and its 200 day simple moving average is GBX 629.49. The firm has a market capitalization of £1.19 billion, a price-to-earnings ratio of 23.52 and a beta of 1.17.

Volution Group (LON:FAN) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 18.20 EPS for the quarter. Volution Group had a net margin of 11.19% and a return on equity of 18.46%. Sell-side analysts forecast that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

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.