Volution Group (LON:FAN) Shares Cross Above 50 Day Moving Average – Time to Sell?

Volution Group plc (LON:FAN)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 609.62 and traded as high as GBX 611. Volution Group shares last traded at GBX 609, with a volume of 102,164 shares changing hands.

Analyst Upgrades and Downgrades

FAN has been the topic of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 870 price objective on shares of Volution Group in a research note on Thursday, March 12th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 840 price objective on shares of Volution Group in a research note on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Volution Group has a consensus rating of “Moderate Buy” and an average price target of GBX 751.

Volution Group Price Performance

The business’s 50 day moving average is GBX 609.62 and its 200-day moving average is GBX 629.93. The firm has a market capitalization of £1.21 billion, a P/E ratio of 23.79 and a beta of 1.18. The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88.

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

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.