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Avation (LON:AVAP) Shares Pass Above 200-Day Moving Average - Here's What Happened

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Avation PLC (LON:AVAP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 149.11 ($1.93) and traded as high as GBX 151.50 ($1.96). Avation shares last traded at GBX 150.50 ($1.95), with a volume of 520,189 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 285 ($3.68) price objective on shares of Avation in a research note on Tuesday, February 25th.

Get Our Latest Stock Report on Avation

Avation Stock Performance

The firm has a 50-day moving average of GBX 145.12 and a two-hundred day moving average of GBX 149.25. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 263.47. The company has a market capitalization of £126.37 million, a PE ratio of 6.85, a PEG ratio of -0.15 and a beta of 1.17.

Avation Company Profile

(Get Free Report)

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.

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