Volution Group (LON:FAN) Posts Quarterly Earnings Results

Volution Group (LON:FAN) issued its quarterly earnings results on Thursday. The company reported GBX 15.30 ($0.20) earnings per share for the quarter, Digital Look Earnings reports. Volution Group had a net margin of 12.31% and a return on equity of 17.78%.

Volution Group Stock Performance

LON:FAN opened at GBX 582 ($7.55) on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97. The firm has a market capitalization of £1.15 billion, a PE ratio of 26.79 and a beta of 1.36. Volution Group has a twelve month low of GBX 400 ($5.19) and a twelve month high of GBX 624 ($8.09). The stock’s 50-day simple moving average is GBX 526.29 and its 200 day simple moving average is GBX 553.71.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 700 ($9.08) target price on shares of Volution Group in a research note on Wednesday, December 11th.

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.