Volution Group (LON:FAN) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Volution Group plc (LON:FAN) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 550.85 ($7.31) and traded as low as GBX 522 ($6.93). Volution Group shares last traded at GBX 524.01 ($6.95), with a volume of 293,743 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 700 ($9.29) price objective on shares of Volution Group in a research note on Thursday, March 13th.

Volution Group Stock Down 0.2 %

The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. The company has a 50 day moving average price of GBX 525.35 and a two-hundred day moving average price of GBX 550.85. The stock has a market cap of £1.03 billion, a PE ratio of 24.12 and a beta of 1.36.

Volution Group (LON:FAN) last released its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. Analysts expect that Volution Group plc will post 30.0441826 EPS for the current year.

Volution Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 3.40 ($0.05) per share. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 0.6%. Volution Group’s dividend payout ratio is 36.83%.

About Volution Group

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.