Volution Group (LON:FAN) Trading 12.3% Higher – What’s Next?

Volution Group plc (LON:FAN) shares shot up 12.3% during mid-day trading on Thursday . The company traded as high as GBX 587.50 ($7.61) and last traded at GBX 583 ($7.55). 2,602,958 shares were traded during trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.72).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 700 ($9.07) price objective on shares of Volution Group in a research report on Wednesday, December 11th.

Volution Group Trading Up 12.3 %

The business’s 50-day moving average is GBX 526.95 and its two-hundred day moving average is GBX 554.09. The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28. The stock has a market capitalization of £1.15 billion, a PE ratio of 26.84 and a beta of 1.36.

Volution Group (LON:FAN) last released its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. As a group, equities research analysts anticipate that Volution Group plc will post 30.0441826 earnings per share for the current 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.