Volution Group (LON:FAN) Stock Crosses Below 50 Day Moving Average – What’s Next?

Volution Group plc (LON:FAN)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 613.80 and traded as low as GBX 595. Volution Group shares last traded at GBX 596, with a volume of 262,489 shares changing hands.

Wall Street Analyst Weigh In

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

Volution Group Stock Down 0.5%

The company’s fifty day simple moving average is GBX 613.80 and its 200 day simple moving average is GBX 629.11. 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 firm has a market capitalization of £1.17 billion, a P/E ratio of 23.16 and a beta of 1.17.

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.