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
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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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