Volution Group plc (LON:FAN - Get Free Report) shares rose 12.3% during mid-day trading on Thursday . The company traded as high as GBX 587.50 ($7.62) and last traded at GBX 583 ($7.56). Approximately 2,602,958 shares were traded during trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.73).
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 700 ($9.08) target price on shares of Volution Group in a research note on Wednesday, December 11th.
Check Out Our Latest Research Report on FAN
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 business's fifty day moving average price is GBX 526.29 and its 200 day moving average price is GBX 553.71. The company has a market capitalization of £1.15 billion, a P/E ratio of 26.84 and a beta of 1.36.
Volution Group (LON:FAN - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. As a group, equities research analysts predict that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.
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.
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