Aviva (OTCMKTS:AVVIY) Shares Gap Down – Here’s What Happened

Aviva PLC (OTCMKTS:AVVIY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $17.99, but opened at $17.27. Aviva shares last traded at $17.19, with a volume of 11,443 shares changing hands.

Analyst Ratings Changes

AVVIY has been the subject of several recent analyst reports. Royal Bank Of Canada upgraded shares of Aviva to a “moderate buy” rating in a research note on Monday, October 13th. Wall Street Zen raised shares of Aviva from a “hold” rating to a “buy” rating in a report on Monday, December 22nd. Zacks Research lowered Aviva from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Finally, Keefe, Bruyette & Woods cut Aviva from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Aviva Trading Down 4.2%

The business’s fifty day moving average is $18.01 and its 200 day moving average is $18.04.

About Aviva

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.