Volution Group plc (LON:FAN – Get Free Report) shares rose 12.3% on Thursday . The company traded as high as GBX 587.50 ($7.62) and last traded at GBX 583 ($7.56). Approximately 2,602,958 shares traded hands during trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.73).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 700 ($9.08) price target on shares of Volution Group in a research note on Wednesday, December 11th.
View Our Latest Stock Report on Volution Group
Volution Group Stock Performance
Volution Group (LON:FAN – Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) EPS for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. As a group, equities research analysts expect that Volution Group plc will post 30.0441826 EPS for the current 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.
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