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

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

Analyst Upgrades and Downgrades

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

Volution Group Stock Performance

The company 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 current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. The stock’s 50 day moving average price is GBX 527.51 and its 200 day moving average price is GBX 554.63.

Volution Group (LON:FAN) last issued its quarterly earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. On average, analysts expect 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.