Avation PLC (LON:AVAP – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 118.98 ($1.47) and traded as low as GBX 106 ($1.31). Avation shares last traded at GBX 108 ($1.33), with a volume of 201,342 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lowered their target price on shares of Avation from GBX 240 ($2.96) to GBX 230 ($2.84) and set a “buy” rating for the company in a report on Friday, March 1st.
Avation Trading Up 1.9 %
Avation Company Profile
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines worldwide. The company's fleet includes 13 narrow-body jets, two twin-aisle jets, and 21 ATR 72 twin-engine turboprop aircraft. As of June 30, 2023, the company owned and managed a fleet of 36 aircraft.
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