Volution Group’s (FAN) Buy Rating Reiterated at Berenberg Bank

Volution Group (LON:FAN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report released on Monday, Marketbeat Ratings reports. They currently have a GBX 700 ($8.86) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 25.67% from the company’s previous close.

Volution Group Trading Up 0.2 %

LON FAN traded up GBX 1 ($0.01) during mid-day trading on Monday, hitting GBX 557 ($7.05). The company’s stock had a trading volume of 219,312 shares, compared to its average volume of 498,678. The firm has a market capitalization of £1.10 billion, a P/E ratio of 2,652.38 and a beta of 1.36. The company has a debt-to-equity ratio of 47.31, a current ratio of 1.91 and a quick ratio of 0.98. Volution Group has a 52-week low of GBX 380.60 ($4.82) and a 52-week high of GBX 624 ($7.90). The stock’s fifty day simple moving average is GBX 584.23 and its two-hundred day simple moving average is GBX 525.86.

Insider Buying and Selling at Volution Group

In other Volution Group news, insider Andy O’Brien sold 101,261 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of GBX 618 ($7.82), for a total value of £625,792.98 ($792,042.75). Also, insider Ronnie George sold 2,300,000 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of GBX 560 ($7.09), for a total value of £12,880,000 ($16,301,733.96). 5.26% of the stock is currently owned by 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.