Volution Group (LON:FAN) Shares Up 7.5% – Time to Buy?

Volution Group plc (LON:FAN)’s share price was up 7.5% during trading on Thursday . The stock traded as high as GBX 558 ($7.22) and last traded at GBX 558 ($7.22). Approximately 1,293,748 shares were traded during trading, an increase of 31% from the average daily volume of 987,617 shares. The stock had previously closed at GBX 519 ($6.71).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed 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 Trading Down 1.5 %

The firm has a market capitalization of £1.14 billion, a price-to-earnings ratio of 26.52 and a beta of 1.36. The company has a fifty day moving average price of GBX 527.51 and a 200-day moving average price of GBX 554.47. 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 (LON:FAN) last posted 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, equities research analysts predict that Volution Group plc will post 30.0441826 EPS for the current 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.