Volution Group (LON:FAN) Sets New 1-Year High – Should You Buy?

Volution Group plc (LON:FAN) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 641 ($8.53) and last traded at GBX 616.44 ($8.20), with a volume of 3815 shares changing hands. The stock had previously closed at GBX 615 ($8.18).

Analysts Set New Price Targets

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

Volution Group Stock Performance

The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. The company has a market capitalization of £1.22 billion, a PE ratio of 28.38 and a beta of 1.36. The firm’s fifty day simple moving average is GBX 543.17 and its 200 day simple moving average is GBX 546.04.

Volution Group (LON:FAN) last posted its quarterly earnings data 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%. On average, research analysts predict 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. Shareholders of record on Thursday, March 27th were paid a dividend of GBX 3.40 ($0.05) per share. This represents a yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 27th. Volution Group’s dividend payout ratio (DPR) is presently 36.83%.

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.