Ronnie George Sells 2,300,000 Shares of Volution Group plc (LON:FAN) Stock

Volution Group plc (LON:FAN) insider Ronnie George sold 2,300,000 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 560 ($7.33), for a total value of £12,880,000 ($16,856,432.40).

Volution Group Stock Down 1.3 %

LON:FAN opened at GBX 597 ($7.81) on Monday. The company has a debt-to-equity ratio of 47.31, a current ratio of 1.91 and a quick ratio of 0.98. Volution Group plc has a one year low of GBX 330 ($4.32) and a one year high of GBX 623.58 ($8.16). The firm’s 50 day simple moving average is GBX 554.76 and its 200 day simple moving average is GBX 489.49. The company has a market cap of £1.18 billion, a PE ratio of 2,857.14 and a beta of 1.36.

Volution Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 17th. Investors of record on Thursday, November 21st will be issued a GBX 6.20 ($0.08) dividend. This represents a yield of 1.01%. This is an increase from Volution Group’s previous dividend of $2.80. The ex-dividend date is Thursday, November 21st. Volution Group’s dividend payout ratio is presently 3,809.52%.

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.