Volution Group (LON:FAN) Stock Price Up 12.3% - Time to Buy?

Shares of Volution Group plc (LON:FAN - Get Free Report) shot up 12.3% on Thursday . The stock traded as high as GBX 587.50 ($7.59) and last traded at GBX 583 ($7.54). 2,602,958 shares changed hands during mid-day trading, an increase of 157% from the average session volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 700 ($9.05) target price on shares of Volution Group in a research report on Thursday.

Volution Group Stock Performance

The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28. The company's 50 day moving average price is GBX 527.51 and its 200-day moving average price is GBX 554.81. The company has a market cap of £1.13 billion, a PE ratio of 26.33 and a beta of 1.36.

Volution Group (LON:FAN - Get Free Report) last issued its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. Equities research analysts anticipate that Volution Group plc will post 30.0441826 earnings per share for the current fiscal year.

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.