Ronnie George Sells 2,300,000 Shares of Volution Group plc (LON:FAN) Stock

Volution Group plc (LON:FAN) insider Ronnie George sold 2,300,000 shares of the firm’s stock in a transaction dated 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).

Volution Group Stock Up 1.3 %

Shares of FAN stock opened at GBX 614 ($8.02) on Wednesday. The company has a market capitalization of £1.21 billion, a price-to-earnings ratio of 2,923.81 and a beta of 1.36. The stock’s 50 day simple moving average is GBX 559.09 and its 200 day simple moving average is GBX 491.99. The company has a debt-to-equity ratio of 47.31, a quick ratio of 0.98 and a current ratio of 1.91. Volution Group plc has a twelve month low of GBX 330 ($4.31) and a twelve month high of GBX 623.58 ($8.14).

Volution Group Increases Dividend

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

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.