Volution Group (LON:FAN) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Volution Group plc (LON:FAN)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 541.45 ($7.21) and traded as high as GBX 615 ($8.18). Volution Group shares last traded at GBX 615 ($8.18), with a volume of 586,739 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 700 ($9.32) price objective on shares of Volution Group in a research note on Thursday, March 13th.

Volution Group Trading Up 0.2%

The firm’s 50 day simple moving average is GBX 543.17 and its 200-day simple moving average is GBX 546.04. The company has a market capitalization of £1.22 billion, a PE ratio of 28.36 and a beta of 1.36. The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97.

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 for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. As a group, equities research analysts anticipate that Volution Group plc will post 30.0441826 EPS for the current year.

Volution Group Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, March 27th were given a GBX 3.40 ($0.05) dividend. This represents a dividend yield of 0.6%. The ex-dividend date was Thursday, March 27th. Volution Group’s payout ratio is 36.83%.

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.