Avation PLC (LON:AVAP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 145.87 ($1.79) and traded as low as GBX 143 ($1.75). Avation shares last traded at GBX 145.50 ($1.78), with a volume of 112,058 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 285 ($3.49) target price on shares of Avation in a research report on Tuesday, January 7th. Canaccord Genuity Group reduced their target price on Avation from GBX 280 ($3.43) to GBX 255 ($3.12) and set a "buy" rating on the stock in a research report on Thursday, September 26th.
Check Out Our Latest Stock Analysis on AVAP
Avation Stock Up 3.1 %
The business has a fifty day simple moving average of GBX 158.44 and a 200 day simple moving average of GBX 145.90. The firm has a market cap of £106.67 million, a price-to-earnings ratio of 716.67, a PEG ratio of -0.15 and a beta of 1.17. The company has a debt-to-equity ratio of 263.30, a current ratio of 1.39 and a quick ratio of 1.33.
Avation Increases Dividend
The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, November 28th were issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 0.29%. This is a boost from Avation's previous dividend of $0.02. Avation's dividend payout ratio is presently 3,809.52%.
Insider Activity at Avation
In related news, insider Stephen Fisher purchased 115 shares of the business's stock in a transaction that occurred on Friday, December 6th. The stock was purchased at an average price of £156 ($190.94) per share, with a total value of £17,940 ($21,958.38). Insiders own 19.30% of the company's stock.
About Avation
(
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.
Featured Stories
Before you consider Avation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avation wasn't on the list.
While Avation currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
