Volution Group (LON:FAN) Stock Price Up 12.3% – Still a Buy?

Volution Group plc (LON:FAN)’s share price was up 12.3% during trading on Thursday . The stock traded as high as GBX 587.50 ($7.62) and last traded at GBX 583 ($7.56). Approximately 2,602,958 shares changed hands during mid-day trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.73).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 700 ($9.08) target price on shares of Volution Group in a report on Wednesday, December 11th.

Volution Group Trading Up 12.3 %

The stock has a market cap of £1.15 billion, a PE ratio of 26.84 and a beta of 1.36. The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28. The company has a 50 day moving average of GBX 526.29 and a two-hundred day moving average of GBX 553.71.

Volution Group (LON:FAN) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. Sell-side analysts anticipate that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

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.