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Avation (LON:AVAP) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Avation logo with Industrials background

Avation PLC (LON:AVAP - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 150.14 ($2.01) and traded as low as GBX 147.50 ($1.97). Avation shares last traded at GBX 148.50 ($1.98), with a volume of 36,076 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 285 ($3.81) target price on shares of Avation in a report on Tuesday, February 25th.

Check Out Our Latest Report on AVAP

Avation Stock Down 1.0%

The stock's 50 day simple moving average is GBX 145.76 and its two-hundred day simple moving average is GBX 150.14. The firm has a market cap of £124.28 million, a P/E ratio of 6.74, a P/E/G ratio of -0.15 and a beta of 1.17. The company has a debt-to-equity ratio of 263.47, a current ratio of 1.39 and a quick ratio of 1.33.

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.

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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