Volution Group (LON:FAN) Hits New 12-Month High – Here’s What Happened

Volution Group plc (LON:FAN)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 624 ($8.15) and last traded at GBX 622 ($8.12), with a volume of 362653 shares trading hands. The stock had previously closed at GBX 619 ($8.08).

Volution Group Stock Up 0.4 %

The stock’s 50-day moving average price is GBX 561.35 and its two-hundred day moving average price is GBX 493.27. The stock has a market capitalization of £1.23 billion, a P/E ratio of 2,947.62 and a beta of 1.36. The company has a current ratio of 1.91, a quick ratio of 0.98 and a debt-to-equity ratio of 47.31.

Volution Group Increases Dividend

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

Insider Buying and Selling at Volution Group

In other news, insider Ronnie George sold 2,300,000 shares of Volution Group stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 560 ($7.31), for a total value of £12,880,000 ($16,819,012.80). In related news, insider Ronnie George sold 2,300,000 shares of the company’s 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 transaction of £12,880,000 ($16,819,012.80). Also, insider Andy O’Brien sold 101,261 shares of the 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

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.