Volution Group plc (LON:FAN – Get Free Report)’s stock price rose 12.3% on Thursday . The stock traded as high as GBX 587.50 ($7.60) and last traded at GBX 583 ($7.54). Approximately 2,602,958 shares were traded during mid-day trading, an increase of 157% from the average daily volume of 1,013,288 shares. The stock had previously closed at GBX 519 ($6.71).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 700 ($9.05) target price on shares of Volution Group in a research note on Thursday.
Check Out Our Latest Research Report on FAN
Volution Group Stock Down 1.5 %
Volution Group (LON:FAN – Get Free Report) last released its quarterly earnings data 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%. Research analysts predict 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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