Volution Group (LON:FAN) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Volution Group plc (LON:FAN – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 634.56 and traded as low as GBX 565. Volution Group shares last traded at GBX 592, with a volume of 762,951 shares traded.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FAN. Jefferies Financial Group reissued a “buy” rating and set a GBX 840 price objective on shares of Volution Group in a research report on Wednesday, March 18th. Berenberg Bank reissued a “buy” rating and set a GBX 870 price objective on shares of Volution Group in a research report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Volution Group has an average rating of “Moderate Buy” and an average target price of GBX 751.

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Check Out Our Latest Analysis on FAN

Volution Group Stock Down 0.7%

The company has a current ratio of 2.74, a quick ratio of 0.98 and a debt-to-equity ratio of 100.88. The firm has a market cap of £1.16 billion, a price-to-earnings ratio of 22.97 and a beta of 1.18. The firm has a 50-day moving average of GBX 610.59 and a two-hundred day moving average of GBX 634.56.

Volution Group (LON:FAN – Get Free Report) last posted its quarterly earnings results 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 earnings per share for the current fiscal year.

About Volution Group

(Get Free Report)

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.

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