Volution Group (LON:FAN) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of Volution Group plc (LON:FAN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 628.77 and traded as low as GBX 608. Volution Group shares last traded at GBX 618, with a volume of 346,415 shares.

Wall Street Analysts Forecast Growth

FAN has been the subject of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 price target on shares of Volution Group in a report on Thursday, May 28th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 870 price target on shares of Volution Group in a research report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 751.

Volution Group Price Performance

The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The stock has a market capitalization of £1.22 billion, a PE ratio of 24.14 and a beta of 1.17. The firm’s fifty day moving average price is GBX 610.50 and its two-hundred day moving average price is GBX 628.77.

About Volution Group

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.