Avation PLC (LON:AVAP – Get Rating)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 84.55 ($1.04) and traded as low as GBX 77 ($0.94). Avation shares last traded at GBX 78.50 ($0.96), with a volume of 26,065 shares changing hands.
Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 149 ($1.83) price target on shares of Avation in a research note on Thursday, March 3rd.
The company has a debt-to-equity ratio of 581.49, a quick ratio of 0.66 and a current ratio of 0.76. The company has a 50 day simple moving average of GBX 76.17 and a 200 day simple moving average of GBX 84.55. The company has a market capitalization of £54.55 million and a PE ratio of -1.70.
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines worldwide. As of June 30, 2021, the company owned and managed a fleet of 44 aircraft. It is also involved in the financing business. The company was founded in 2006 and is headquartered in Singapore.
Read More
- What To Buy Before The Q2 Earnings Season Kicks Off
- Target Is The Most Downgraded Stock You Can Buy Now
- Ride Out The Recession With These Dividend Kings
- MarketBeat: Week in Review 6/13 – 6/17
- eBay’s Long Term Fundamentals Are Intact If You Can Stomach Short Term Volatility
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Avation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avation and related companies with MarketBeat.com's FREE daily email newsletter.