Volution Group (LON:FAN) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Volution Group plc (LON:FAN) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 579.04 ($7.45) and traded as low as GBX 571 ($7.35). Volution Group shares last traded at GBX 571 ($7.35), with a volume of 140,255 shares trading hands.

Volution Group Price Performance

The company has a debt-to-equity ratio of 47.31, a current ratio of 1.91 and a quick ratio of 0.98. The stock’s fifty day simple moving average is GBX 579.04 and its 200-day simple moving average is GBX 512.43. The company has a market capitalization of £1.12 billion, a P/E ratio of 2,719.05 and a beta of 1.36.

Volution Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 6.20 ($0.08) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.01%. This is a positive change from Volution Group’s previous dividend of $2.80. Volution Group’s dividend payout ratio is currently 3,809.52%.

Insider Activity

In other news, insider Andy O’Brien sold 101,261 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of GBX 618 ($7.95), for a total transaction of £625,792.98 ($805,292.73). In related news, insider Andy O’Brien sold 101,261 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of GBX 618 ($7.95), for a total value of £625,792.98 ($805,292.73). Also, insider Ronnie George sold 2,300,000 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 560 ($7.21), for a total transaction of £12,880,000 ($16,574,443.44). 5.26% of the stock is owned by company insiders.

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.