Avation (LON:AVAP) Hits New 12-Month Low - Here's Why

Key Points

• Avation hit a new 52-week low: the stock traded as low as GBX 122.44 (last GBX 129.44) on volume of 348,143 shares, sitting below its 50- and 200-day moving averages (GBX 139.43 and GBX 146.22).
• Analyst outlook remains positive: Canaccord Genuity raised its target from GBX 250 to GBX 270 and maintains a "buy" rating, and the MarketBeat consensus target is GBX 270.
• Financials signal elevated risk: Avation has a very high debt-to-equity ratio (255.58), a negative P/E (-11.54), and a small market cap of £80.7 million, suggesting leverage and profitability concerns despite analyst support.

Avation PLC (LON:AVAP - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 122.44 and last traded at GBX 129.44, with a volume of 348143 shares. The stock had previously closed at GBX 130.

Wall Street Analyst Weigh In

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

Avation Stock Performance

The company has a quick ratio of 1.33, a current ratio of 1.15 and a debt-to-equity ratio of 255.58. The stock has a market cap of £80.67 million, a price-to-earnings ratio of -11.54, a PEG ratio of -0.15 and a beta of 1.17. The stock's fifty day moving average is GBX 139.43 and its 200-day moving average is GBX 146.22.

About Avation

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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