Avation PLC (LON:AVAP - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 178 ($2.31) and last traded at GBX 177 ($2.30), with a volume of 319131 shares changing hands. The stock had previously closed at GBX 166 ($2.16).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lowered their price objective on Avation from GBX 280 ($3.64) to GBX 255 ($3.31) and set a "buy" rating on the stock in a research report on Thursday, September 26th.
Get Our Latest Report on AVAP
Avation Stock Up 6.3 %
The stock has a 50 day moving average price of GBX 139.40 and a 200-day moving average price of GBX 132.05. The stock has a market capitalization of £125.10 million, a P/E ratio of 840.48, 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 Company Profile
(
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.
Featured Articles
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
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
