Volution Group (LON:FAN) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Volution Group plc (LON:FAN) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 609.62 and traded as high as GBX 611. Volution Group shares last traded at GBX 609, with a volume of 102,164 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FAN shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 840 price objective on shares of Volution Group in a research report on Thursday, May 28th. Berenberg Bank reissued a “buy” rating and set a GBX 870 price objective on shares of Volution Group in a research report on Thursday, March 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Volution Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 751.

Volution Group Stock Performance

The firm has a market cap of £1.20 billion, a P/E ratio of 23.75 and a beta of 1.18. The company has a current ratio of 2.74, a quick ratio of 0.98 and a debt-to-equity ratio of 100.88. The company’s 50-day moving average is GBX 610.02 and its two-hundred day moving average is GBX 629.78.

Volution Group (LON:FAN) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX 18.20 earnings per share for the quarter. Volution Group had a net margin of 11.19% and a return on equity of 18.46%. As a group, equities analysts predict that Volution Group plc will post 30.0441826 EPS for the current fiscal year.

About Volution Group

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.