Avation PLC (LON:AVAP - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 169.50 ($2.21) and last traded at GBX 166 ($2.17), with a volume of 705108 shares changing hands. The stock had previously closed at GBX 166 ($2.17).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reduced their price objective on shares of Avation from GBX 280 ($3.66) to GBX 255 ($3.33) and set a "buy" rating for the company in a research note on Thursday, September 26th.
Read Our Latest Analysis on AVAP
Avation Price Performance
The firm's fifty day moving average price is GBX 134.66 and its 200 day moving average price is GBX 129.82. The firm has a market capitalization of £117.66 million, a PE ratio of 790.48, a P/E/G ratio of -0.15 and a beta of 1.17. The company has a current ratio of 1.39, a quick ratio of 1.33 and a debt-to-equity ratio of 263.30.
About Avation
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
