Volution Group (LON:FAN) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Volution Group plc (LON:FAN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 634.56 and traded as low as GBX 565. Volution Group shares last traded at GBX 592, with a volume of 762,951 shares traded.

Analyst Ratings Changes

FAN has been the subject of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 840 price objective on shares of Volution Group in a research report on Wednesday, March 18th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 870 price objective on shares of Volution Group in a research report on Thursday, March 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Volution Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 751.

Volution Group Stock Performance

The company has a market cap of £1.17 billion, a P/E ratio of 23.01 and a beta of 1.18. 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 stock has a 50 day moving average price of GBX 609.13 and a two-hundred day moving average price of GBX 634.24.

Volution Group (LON:FAN) last announced its earnings results on Thursday, March 12th. The company reported GBX 18.20 earnings per share for the quarter. Volution Group had a return on equity of 18.46% and a net margin of 11.19%. On average, research analysts predict 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.