Volution Group (LON:FAN) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Volution Group plc (LON:FAN)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 641.08 and traded as low as GBX 633. Volution Group shares last traded at GBX 659, with a volume of 252,152 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Jefferies Financial Group raised their target price on Volution Group from GBX 780 to GBX 820 and gave the stock a “buy” rating in a research note on Friday, October 10th. Peel Hunt restated a “buy” rating and set a GBX 625 price target on shares of Volution Group in a report on Friday, October 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Volution Group from GBX 600 to GBX 680 and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 719.

Volution Group Price Performance

The business has a 50-day moving average of GBX 640.21 and a 200 day moving average of GBX 641.08. 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 firm has a market capitalization of £1.34 billion, a P/E ratio of 32.66 and a beta of 1.36.

Insider Activity at Volution Group

In other news, insider Celia Baxter bought 3,719 shares of the stock in a transaction dated Tuesday, November 11th. The shares were bought at an average cost of GBX 628 per share, with a total value of £23,355.32. 1.16% of the stock is currently owned by corporate insiders.

Volution Group Company Profile

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.