Volution Group (LON:FAN) Stock Crosses Below 50 Day Moving Average – What’s Next?
by Sarita Garza · The Markets DailyVolution Group plc (LON:FAN – Get Free Report)’s share 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.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on FAN shares. Berenberg Bank reissued a “buy” rating and issued a GBX 870 target price on shares of Volution Group in a research report on Thursday, March 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 price target on shares of Volution Group in a research note on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 751.
Get Our Latest Analysis on Volution Group
Volution Group Stock Performance
The company has a debt-to-equity ratio of 100.88, a quick ratio of 0.98 and a current ratio of 2.74. The business’s 50-day moving average is GBX 613.80 and its 200-day moving average is GBX 629.11. The company has a market capitalization of £1.17 billion, a PE 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.