Volution Group (LON:FAN) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Volution Group plc (LON:FAN)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 606.12 and traded as low as GBX 575. Volution Group shares last traded at GBX 590, with a volume of 847,381 shares trading hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 price objective on shares of Volution Group in a research note on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 751.

Volution Group Trading Up 1.5%

The stock has a market capitalization of £1.19 billion, a PE ratio of 23.40 and a beta of 1.16. The company’s 50 day moving average price is GBX 605.96 and its two-hundred day moving average price is GBX 627.01. The company has a debt-to-equity ratio of 100.88, a current ratio of 2.74 and a quick ratio of 0.98.

Volution Group Company Profile

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.