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

Volution Group plc (LON:FAN - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 553.33 ($6.86) and traded as low as GBX 527 ($6.53). Volution Group shares last traded at GBX 534 ($6.62), with a volume of 244,345 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 700 ($8.67) price objective on shares of Volution Group in a research note on Wednesday, December 11th.

Volution Group Stock Performance

The stock has a market cap of £1.06 billion, a PE ratio of 2,542.86 and a beta of 1.36. 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 has a 50 day moving average price of GBX 545.66 and a two-hundred day moving average price of GBX 553.70.

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.