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Avation (LON:AVAP) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Avation logo with Industrials background

Avation PLC (LON:AVAP - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 151.69 ($2.03) and traded as high as GBX 152.50 ($2.05). Avation shares last traded at GBX 148.50 ($1.99), with a volume of 67,158 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 285 ($3.82) price target on shares of Avation in a report on Tuesday, February 25th.

Read Our Latest Stock Report on Avation

Avation Stock Performance

The business has a 50-day moving average of GBX 145.16 and a 200-day moving average of GBX 152.06. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 263.47. The stock has a market cap of £125.53 million, a price-to-earnings ratio of 6.81, a PEG ratio of -0.15 and a beta of 1.17.

About Avation

(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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