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

Volution Group plc (LON:FAN)’s share price shot up 12.3% on Thursday . The company traded as high as GBX 587.50 ($7.61) and last traded at GBX 583 ($7.55). 2,602,958 shares were traded during trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.72).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 700 ($9.07) target price on shares of Volution Group in a research report on Wednesday, December 11th.

Volution Group Price Performance

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 has a fifty day moving average of GBX 526.29 and a 200 day moving average of GBX 553.71. The stock has a market cap of £1.15 billion, a PE ratio of 26.84 and a beta of 1.36.

Volution Group (LON:FAN) last released its quarterly earnings results 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%. Sell-side analysts anticipate that Volution Group plc will post 30.0441826 earnings per share 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.