Volution Group (LON:FAN) Shares Up 12.3% – What’s Next?

Volution Group plc (LON:FAN) shares were up 12.3% during mid-day trading on Thursday . The company traded as high as GBX 587.50 ($7.62) and last traded at GBX 583 ($7.56). Approximately 2,602,958 shares were traded during trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.73).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 700 ($9.08) target price on shares of Volution Group in a research report on Wednesday, December 11th.

Volution Group Stock Performance

The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. The firm has a market cap of £1.15 billion, a P/E ratio of 26.84 and a beta of 1.36. The stock’s 50 day moving average is GBX 526.29 and its two-hundred day moving average is GBX 553.71.

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

About Volution Group

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.