Volution Group (LON:FAN) Trading 12.3% Higher – Should You Buy?

Volution Group plc (LON:FAN) shares traded up 12.3% on Thursday . The stock traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). 2,602,958 shares changed hands during mid-day trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Analysts Set New Price Targets

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

Volution Group Price Performance

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

Volution Group (LON:FAN) last posted its earnings results 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%. On average, equities analysts expect that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

Volution Group Company Profile

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.