Volution Group (LON:FAN) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of Volution Group plc (LON:FANGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 627.32 and traded as high as GBX 654. Volution Group shares last traded at GBX 650, with a volume of 14,475,205 shares traded.

Analysts Set New Price Targets

FAN has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 850 price target on shares of Volution Group in a report on Tuesday, August 4th. Berenberg Bank lifted their price objective on shares of Volution Group from GBX 870 to GBX 880 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 758.75.

Check Out Our Latest Stock Report on Volution Group

Volution Group Trading Up 0.6%

The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The firm has a 50 day moving average of GBX 629.36 and a 200 day moving average of GBX 626.85. The firm has a market cap of £1.29 billion, a PE ratio of 25.47 and a beta of 1.15.

Volution Group Company Profile

(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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