Volution Group (LON:FAN) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Volution Group plc (LON:FAN) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 632.92 and traded as high as GBX 669. Volution Group shares last traded at GBX 650, with a volume of 229,329 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FAN. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 870 price objective on shares of Volution Group in a research report on Thursday, March 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 price objective on shares of Volution Group in a research report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 751.

Volution Group Stock Up 0.5%

The stock’s 50-day moving average price is GBX 632.92 and its two-hundred day moving average price is GBX 638.78. The stock has a market capitalization of £1.29 billion, a P/E ratio of 25.51 and a beta of 1.19. The company has a current ratio of 2.74, a quick ratio of 0.98 and a debt-to-equity ratio of 100.88.

Volution Group (LON:FAN) last released its earnings results on Thursday, March 12th. The company reported GBX 18.20 earnings per share for the quarter. Volution Group had a net margin of 11.19% and a return on equity of 18.46%. As a group, research analysts expect that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

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.