Volution Group (LON:FAN) Issues Quarterly Earnings Results

Volution Group (LON:FAN) posted its quarterly earnings results on Thursday. The company reported GBX 15.30 ($0.20) EPS for the quarter, Digital Look Earnings reports. Volution Group had a return on equity of 17.78% and a net margin of 12.31%.

Volution Group Trading Up 1.2 %

LON FAN opened at GBX 592 ($7.67) on Friday. The stock has a market cap of £1.17 billion, a P/E ratio of 27.25 and a beta of 1.36. The company’s fifty day simple moving average is GBX 526.95 and its 200-day simple moving average is GBX 554.09. 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 has a 52 week low of GBX 400 ($5.18) and a 52 week high of GBX 624 ($8.08).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 700 ($9.07) price objective on shares of Volution Group in a research note on Thursday.

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.