Aviva (OTCMKTS:AVVIY) Sees Large Volume Increase - Still a Buy?

Key Points

• Trading volume surged to 253,060 shares — a 236% increase from the prior session — with the stock last trading at $17.31 versus the previous close of $17.05 and sitting near its 50‑day ($17.21) and 200‑day ($17.77) moving averages.
• Analyst sentiment has cooled: Wall Street Zen cut Aviva from Buy to Hold and Zacks moved it from Strong Sell to Hold, leaving a consensus rating of "Hold" (one Buy, three Holds).
• Aviva is a UK‑based multinational insurer offering life and general insurance, pensions and asset management; its reported liquidity and leverage metrics show a current and quick ratio of 1.50 and a debt‑to‑equity of 0.50.

Shares of Aviva PLC (OTCMKTS:AVVIY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 253,060 shares traded hands during trading, an increase of 236% from the previous session's volume of 75,402 shares.The stock last traded at $17.31 and had previously closed at $17.05.

Analyst Ratings Changes

Several research firms have issued reports on AVVIY. Wall Street Zen lowered Aviva from a "buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Zacks Research upgraded Aviva from a "strong sell" rating to a "hold" rating in a report on Monday, January 26th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Aviva presently has a consensus rating of "Hold".

Aviva Price Performance

The stock has a fifty day moving average of $17.21 and a 200 day moving average of $17.77. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.50.

About Aviva

Aviva plc OTCMKTS: AVVIY is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.