Volution Group (LON:FAN) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Volution Group plc (LON:FAN – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 644.90 and traded as low as GBX 616. Volution Group shares last traded at GBX 643, with a volume of 212,561 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 880 price objective on shares of Volution Group in a research note on Thursday, October 8th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 735 target price on shares of Volution Group in a research report on Thursday, October 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 900 target price on shares of Volution Group in a report on Wednesday, October 28th. Three research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Volution Group presently has a consensus rating of “Buy” and a consensus price target of GBX 838.33.

Read Our Latest Stock Report on FAN

Volution Group Stock Up 0.2%

The stock has a fifty day moving average price of GBX 644.90 and a 200-day moving average price of GBX 633.36. The firm has a market cap of £1.28 billion, a PE ratio of 20.71 and a beta of 1.18. The company has a debt-to-equity ratio of 82.80, a quick ratio of 0.98 and a current ratio of 1.65.

Volution Group (LON:FAN – Get Free Report) last posted its quarterly earnings results on Thursday, October 8th. The company reported GBX 38.20 EPS for the quarter. Volution Group had a net margin of 12.89% and a return on equity of 20.92%. Research analysts expect that Volution Group plc will post 30.04 EPS for the current year.

Insider Activity at Volution Group

In other news, insider Ronnie George sold 39,833 shares of the stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of GBX 650, for a total value of £258,914.50. Also, insider Andy O’Brien sold 32,578 shares of the firm’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of GBX 642, for a total transaction of £209,150.76. Over the last quarter, insiders have sold 265,547 shares of company stock valued at $176,664,926. 1.23% of the stock is owned by insiders.

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.

Further Reading

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