Avation PLC (LON:AVAP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 136.13 ($1.77) and traded as high as GBX 175 ($2.28). Avation shares last traded at GBX 172.50 ($2.25), with a volume of 184,686 shares.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group decreased their target price on shares of Avation from GBX 280 ($3.64) to GBX 255 ($3.32) and set a "buy" rating for the company in a research report on Thursday, September 26th.
Get Our Latest Report on AVAP
Avation Stock Down 2.0 %
The firm's fifty day moving average price is GBX 147.03 and its 200-day moving average price is GBX 136.13. The company has a debt-to-equity ratio of 263.30, a current ratio of 1.39 and a quick ratio of 1.33. The firm has a market capitalization of £119.79 million, a P/E ratio of 815.71, a PEG ratio of -0.15 and a beta of 1.17.
About Avation
(
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Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines worldwide. The company's fleet includes 13 narrow-body jets, two twin-aisle jets, and 21 ATR 72 twin-engine turboprop aircraft. As of June 30, 2023, the company owned and managed a fleet of 36 aircraft.
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