Volution Group plc (LON:FAN) Insider Sells £592,368 in Stock

Volution Group plc (LON:FAN) insider Ronnie George sold 144,480 shares of Volution Group stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of GBX 410 ($5.03), for a total value of £592,368 ($727,456.71).

Ronnie George also recently made the following trade(s):

• On Thursday, October 12th, Ronnie George sold 228,840 shares of Volution Group stock. The stock was sold at an average price of GBX 379 ($4.65), for a total value of £867,303.60 ($1,065,091.00).

Volution Group Price Performance

FAN opened at GBX 404.20 ($4.96) on Friday. The company has a debt-to-equity ratio of 53.24, a quick ratio of 0.98 and a current ratio of 1.97. Volution Group plc has a 52-week low of GBX 327.80 ($4.03) and a 52-week high of GBX 456 ($5.60). The stock has a market capitalization of £798.94 million, a PE ratio of 2,127.37 and a beta of 1.37. The stock’s 50 day moving average price is GBX 366.21 and its 200-day moving average price is GBX 385.61.

Volution Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Thursday, November 23rd will be paid a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date is Thursday, November 23rd. This is a boost from Volution Group’s previous dividend of $2.50. This represents a dividend yield of 1.63%. Volution Group’s payout ratio is 4,210.53%.

Analyst Upgrades and Downgrades

FAN has been the topic of a number of analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Volution Group in a research note on Thursday, October 5th. Berenberg Bank reissued a “buy” rating and set a GBX 500 ($6.14) target price on shares of Volution Group in a research note on Thursday, October 5th.

Volution Group Company Profile

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.