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

Volution Group plc (LON:FAN) traded up 12.3% on Friday . The stock traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). 2,602,958 shares were traded during mid-day trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 700 ($9.05) target price on shares of Volution Group in a report on Thursday.

Volution Group Stock Down 1.5 %

The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. 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 firm’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 announced its quarterly 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 return on equity of 17.78% and a net margin of 12.31%. Sell-side analysts forecast that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

About Volution Group

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.