Volution Group (LON:FAN) Trading Up 12.3% – Should You Buy?

Volution Group plc (LON:FAN) shot up 12.3% during trading on Thursday . The stock traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). 2,602,958 shares changed hands during mid-day trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Wall Street Analyst Weigh In

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

Volution Group Stock Down 1.5 %

The company has a market cap of £1.14 billion, a PE ratio of 26.52 and a beta of 1.36. 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 business’s 50 day moving average is GBX 527.51 and its 200-day moving average is GBX 554.47.

Volution Group (LON:FAN) last issued 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%. As a group, analysts predict 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.