Volution Group (LON:FAN) Hits New 1-Year High - What's Next?

Key Points

• Volution Group plc reached a new 52-week high, trading at GBX 678 ($9.05), with a total volume of 43,943 shares on the recent trading day.
• Analysts have upgraded their price targets, with Royal Bank Of Canada raising its target from GBX 700 ($9.35) to GBX 740 ($9.88) and maintaining an "outperform" rating.
• The company, which manufactures ventilation products for residential and commercial use, has a market capitalization of £1.34 billion and a PE ratio of 31.16.

Shares of Volution Group plc (LON:FAN - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 678 ($9.00) and last traded at GBX 678 ($9.00), with a volume of 43943 shares. The stock had previously closed at GBX 665 ($8.83).

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FAN. Royal Bank Of Canada boosted their price objective on shares of Volution Group from GBX 700 ($9.29) to GBX 740 ($9.82) and gave the company an "outperform" rating in a report on Thursday, July 24th. Berenberg Bank reissued a "buy" rating and issued a GBX 700 ($9.29) price objective on shares of Volution Group in a research note on Thursday, July 24th.

Volution Group Price Performance

The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97. The business's 50 day simple moving average is GBX 616.03 and its two-hundred day simple moving average is GBX 568.86. The stock has a market capitalization of £1.29 billion, a P/E ratio of 30.11 and a beta of 1.36.

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.