Volution Group (LON:FAN) Sets New 52-Week High at $407.00

Volution Group plc (LON:FAN)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 407 ($5.32) and last traded at GBX 405 ($5.29), with a volume of 935320 shares. The stock had previously closed at GBX 402 ($5.25).

Separately, Berenberg Bank upped their price objective on shares of Volution Group from GBX 370 ($4.83) to GBX 410 ($5.36) and gave the stock a “buy” rating in a research note on Thursday, March 11th.

The stock’s 50 day moving average is GBX 361.71 and its two-hundred day moving average is GBX 281.46. The company has a market capitalization of £822.03 million and a PE ratio of 78.49. The company has a quick ratio of 0.95, a current ratio of 1.54 and a debt-to-equity ratio of 65.35.

The company also recently declared a dividend, which will be paid on Tuesday, May 4th. Shareholders of record on Thursday, March 25th will be given a dividend of GBX 1.90 ($0.02) per share. This represents a dividend yield of 0.58%. This is a positive change from Volution Group’s previous dividend of $1.71. The ex-dividend date is Thursday, March 25th.

About Volution Group (LON:FAN)

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial construction markets in the United Kingdom, Continental Europe, Australasia, and internationally. The company's products include unitary extractor fans for use in bathrooms and kitchens; MVHR and MEV systems; rigid, semi-rigid, and flexible ducting products and accessories; mechanical heat recovery units; air handling units and fan coils; commercial ventilation products; underfloor heating, heated towel rails, radiators, and storage and panel heaters; wall, box, and tower fans, as well as portable air conditioners; hand dryers and insect killers; and sensors, controllers, and ducting products.

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