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Avation (LON:AVAP) Share Price Passes Above 200-Day Moving Average - Here's Why

Avation logo with Industrials background

Avation PLC (LON:AVAP - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 147.47 ($2.00) and traded as high as GBX 160 ($2.17). Avation shares last traded at GBX 160 ($2.17), with a volume of 300,518 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 285 ($3.87) price target on shares of Avation in a research report on Tuesday, February 25th.

Read Our Latest Stock Report on Avation

Avation Price Performance

The firm has a market cap of £133.90 million, a PE ratio of 7.26, a PEG ratio of -0.15 and a beta of 1.17. 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 business has a fifty day moving average of GBX 146.68 and a 200-day moving average of GBX 147.47.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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