Volution Group (LON:FAN) Hits New 52-Week High – What’s Next?

by · The Cerbat Gem

Shares of Volution Group plc (LON:FAN – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 624 ($8.15) and last traded at GBX 622 ($8.12), with a volume of 362653 shares traded. The stock had previously closed at GBX 619 ($8.08).

Volution Group Trading Down 0.8 %

The company’s 50 day simple moving average is GBX 565.50 and its two-hundred day simple moving average is GBX 495.39. The company has a debt-to-equity ratio of 47.31, a current ratio of 1.91 and a quick ratio of 0.98. The company has a market cap of £1.22 billion, a PE ratio of 2,928.57 and a beta of 1.36.

Volution Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Thursday, November 21st will be paid a GBX 6.20 ($0.08) dividend. This is a positive change from Volution Group’s previous dividend of $2.80. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.01%. Volution Group’s dividend payout ratio (DPR) is presently 3,809.52%.

Insider Activity

In other news, insider Andy O’Brien sold 101,261 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of GBX 618 ($8.07), for a total value of £625,792.98 ($817,175.48). In related news, insider Ronnie George sold 2,300,000 shares of Volution Group stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of GBX 560 ($7.31), for a total value of £12,880,000 ($16,819,012.80). Also, insider Andy O’Brien sold 101,261 shares of Volution Group stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of GBX 618 ($8.07), for a total transaction of £625,792.98 ($817,175.48). Insiders own 5.26% of the company’s stock.

Volution Group Company Profile

(Get Free Report)

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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