Avation (LON:AVAP) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Avation PLC (LON:AVAPGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 149.07 and traded as low as GBX 139.75. Avation shares last traded at GBX 141, with a volume of 402,361 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price target on Avation from GBX 250 to GBX 270 and gave the company a “buy” rating in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 270.

View Our Latest Stock Report on AVAP

Avation Price Performance

The company has a current ratio of 1.39, a quick ratio of 1.33 and a debt-to-equity ratio of 263.47. The stock has a 50-day moving average price of GBX 140.06 and a 200 day moving average price of GBX 149.07. The stock has a market capitalization of £87.91 million, a price-to-earnings ratio of -12.57, a PEG ratio of -0.15 and a beta of 1.17.

Avation Company Profile

(Get Free Report)

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.

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