Volution Group (LON:FAN) Share Price Crosses Above Fifty Day Moving Average of $423.65

Volution Group plc (LON:FAN)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 423.65 ($5.32) and traded as high as GBX 439.50 ($5.52). Volution Group shares last traded at GBX 439.50 ($5.52), with a volume of 125,601 shares changing hands.

Volution Group Price Performance

The company has a debt-to-equity ratio of 47.31, a current ratio of 1.91 and a quick ratio of 0.98. The business’s 50-day moving average price is GBX 423.65 and its two-hundred day moving average price is GBX 413.38. The firm has a market cap of £876.21 million, a price-to-earnings ratio of 2,092.86 and a beta of 1.31.

Volution Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, March 28th were issued a dividend of GBX 2.80 ($0.04) per share. This represents a yield of 0.66%. The ex-dividend date of this dividend was Thursday, March 28th. Volution Group’s dividend payout ratio is currently 3,809.52%.

Insider Transactions at Volution Group

In other news, insider Nigel Lingwood purchased 4,785 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The stock was acquired at an average cost of GBX 428 ($5.38) per share, for a total transaction of £20,479.80 ($25,728.39). Insiders own 3.16% of the company’s stock.

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.