Volution Group (LON:FAN) Stock Price Crosses Below Two Hundred Day Moving Average of $407.31

Volution Group plc (LON:FAN)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 407.31 ($5.07) and traded as low as GBX 400 ($4.98). Volution Group shares last traded at GBX 408.50 ($5.09), with a volume of 137,373 shares traded.

Volution Group Stock Down 1.3 %

The firm has a market cap of £807.97 million, a price-to-earnings ratio of 1,945.24 and a beta of 1.31. The company has a current ratio of 1.91, a quick ratio of 0.98 and a debt-to-equity ratio of 47.31. The firm has a 50 day moving average price of GBX 422.42 and a 200-day moving average price of GBX 407.31.

Volution Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, March 28th will be paid a GBX 2.80 ($0.03) dividend. This represents a yield of 0.66%. The ex-dividend date is Thursday, March 28th. Volution Group’s payout ratio is 3,809.52%.

Insider Activity at Volution Group

In other news, insider Nigel Lingwood bought 4,785 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was purchased at an average price of GBX 428 ($5.33) per share, with a total value of £20,479.80 ($25,494.58). 3.16% of the stock is currently owned by corporate insiders.

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.