Avation (LON:AVAP) Hits New 1-Year Low – Time to Sell?

Avation PLC (LON:AVAP)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 121 and last traded at GBX 136, with a volume of 236716 shares. The stock had previously closed at GBX 136.28.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 270 price target on shares of Avation in a research report on Friday, July 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 270.

Avation Stock Performance

The company has a debt-to-equity ratio of 255.58, a current ratio of 1.15 and a quick ratio of 1.33. The company has a market cap of £80.74 million, a price-to-earnings ratio of -6.80, a price-to-earnings-growth ratio of -0.15 and a beta of 0.12. The stock has a 50-day moving average price of GBX 137.75 and a 200 day moving average price of GBX 135.58.

Avation Company Profile

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.