Volution Group (LON:FAN) Shares Up 7.5% – What’s Next?

Shares of Volution Group plc (LON:FAN) shot up 7.5% on Thursday . The company traded as high as GBX 558 ($7.22) and last traded at GBX 558 ($7.22). 1,293,748 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 987,617 shares. The stock had previously closed at GBX 519 ($6.71).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 700 ($9.05) target price on shares of Volution Group in a report on Thursday.

Volution Group Stock Down 1.5 %

The stock has a market cap of £1.14 billion, a P/E ratio of 26.52 and a beta of 1.36. The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. The firm’s fifty day moving average is GBX 527.51 and its 200 day moving average is GBX 554.47.

Volution Group (LON:FAN) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. As a group, equities research analysts forecast that Volution Group plc will post 30.0441826 EPS for the current year.

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.