Aviva (OTCMKTS:AVVIY) Sees Strong Trading Volume - Here's Why

Key Points

• Aviva PLC experienced an unusually high trading volume of 265,023 shares, marking a 683% increase from the previous session.
• Analyst ratings for Aviva have shifted, with Citigroup upgrading it to a "hold" and Barclays downgrading from "strong-buy" to "hold"; the overall consensus remains a Moderate Buy.
• The company's stock recently traded at $18.19, just above its previous close of $18.07, indicating positive momentum in its stock performance.

Shares of Aviva PLC (OTCMKTS:AVVIY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 265,023 shares were traded during trading, an increase of 683% from the previous session's volume of 33,839 shares.The stock last traded at $18.19 and had previously closed at $18.07.

Wall Street Analyst Weigh In

AVVIY has been the subject of several research analyst reports. Citigroup raised Aviva to a "hold" rating in a research note on Tuesday, July 15th. Barclays downgraded Aviva from a "strong-buy" rating to a "hold" rating in a report on Monday, June 16th. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Aviva Trading Down 1.9%

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.86 and a quick ratio of 1.86. The business has a 50-day moving average price of $17.30 and a 200 day moving average price of $15.48.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.