Avation (LON:AVAP) Sets New 52-Week Low – Should You Sell?

Shares of Avation PLC (LON:AVAP) hit a new 52-week low during trading 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.

Wall Street Analysts Forecast Growth

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

Avation Stock Down 0.2%

The firm’s 50-day simple moving average is GBX 137.75 and its 200 day simple moving average is GBX 135.58. The company has a debt-to-equity ratio of 255.58, a quick ratio of 1.33 and a current ratio of 1.15. The company has a market cap of £80.74 million, a P/E ratio of -6.80, a PEG ratio of -0.15 and a beta of 0.12.

About Avation

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