Volution Group (LON:FAN) Trading 12.3% Higher – Should You Buy?

Volution Group plc (LON:FAN)’s share price traded up 12.3% during mid-day trading on Thursday . The company traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). 2,602,958 shares changed hands during mid-day trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 700 ($9.05) price target on shares of Volution Group in a research note on Thursday.

Volution Group Stock Down 1.5 %

The business’s 50 day moving average is GBX 527.51 and its 200-day moving average is GBX 554.47. The stock has a market cap of £1.14 billion, a price-to-earnings ratio of 26.52 and a beta of 1.36. The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28.

Volution Group (LON:FAN) last announced its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. On average, sell-side analysts predict that Volution Group plc will post 30.0441826 EPS for the current fiscal 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.