Volution Group (LON:FAN) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Volution Group plc (LON:FAN) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 636.15 and traded as high as GBX 655. Volution Group shares last traded at GBX 642, with a volume of 5,063,232 shares.

Wall Street Analyst Weigh In

FAN has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Volution Group from GBX 600 to GBX 680 and gave the company a “hold” rating in a report on Tuesday, October 14th. Jefferies Financial Group boosted their price target 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 reissued a “buy” rating and set a GBX 625 price objective on shares of Volution Group in a report on Friday, October 10th. Finally, Berenberg Bank increased their price target on shares of Volution Group from GBX 720 to GBX 730 and gave the stock a “buy” rating in a report on Thursday, October 9th. Four analysts have rated the stock with a Buy rating and one has given 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 Stock Performance

The firm has a market cap of £1.27 billion, a price-to-earnings ratio of 31.01 and a beta of 1.36. The stock’s 50 day moving average is GBX 636.91 and its 200 day moving average is GBX 640.15. The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97.

Insider Buying and Selling at Volution Group

In other Volution Group news, insider Celia Baxter bought 3,719 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of GBX 628 per share, for a total transaction of £23,355.32. Corporate insiders own 1.11% of the company’s stock.

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.