Volution Group (LON:FAN) Shares Cross Above 50-Day Moving Average of $421.32

Volution Group plc (LON:FAN) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 421.32 ($5.29) and traded as high as GBX 432 ($5.43). Volution Group shares last traded at GBX 432 ($5.43), with a volume of 142,686 shares changing hands.

Volution Group Price Performance

The stock has a market capitalization of £854.45 million, a PE ratio of 2,057.14 and a beta of 1.31. The company’s 50 day simple moving average is GBX 421.32 and its 200 day simple moving average is GBX 410.15. The company has a current ratio of 1.91, a quick ratio of 0.98 and a debt-to-equity ratio of 47.31.

Volution Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, March 28th will be given a dividend of GBX 2.80 ($0.04) per share. The ex-dividend date is Thursday, March 28th. This represents a yield of 0.66%. Volution Group’s dividend payout ratio (DPR) is presently 3,809.52%.

Insider Buying and Selling at Volution Group

In related news, insider Nigel Lingwood bought 4,785 shares of the stock in a transaction that occurred on Wednesday, March 27th. The stock was purchased at an average cost of GBX 428 ($5.38) per share, for a total transaction of £20,479.80 ($25,725.16). 3.16% of the stock is owned by company insiders.

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.