Shares of Avation PLC (LON:AVAP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $284.49 and traded as low as $272.00. Avation shares last traded at $276.00, with a volume of 9,685 shares.
Separately, Canaccord Genuity reiterated a “buy” rating and issued a GBX 350 ($4.57) target price on shares of Avation in a report on Thursday, September 5th.
The stock has a market cap of $170.84 million and a P/E ratio of 6.88. The company has a fifty day moving average price of GBX 280.11 and a 200 day moving average price of GBX 284.40. The company has a debt-to-equity ratio of 452.10, a current ratio of 1.35 and a quick ratio of 1.34.
About Avation (LON:AVAP)
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines worldwide. As of June 30, 2018, the company managed a fleet of 38 aircraft. It is also involved in the financing business. The company was founded in 2006 and is headquartered in Singapore.
Featured Article: What is the role of the G-20?
Receive News & Ratings for Avation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avation and related companies with MarketBeat.com's FREE daily email newsletter.