Avation (LON:AVAP) Shares Cross Above Two Hundred Day Moving Average of $126.65

Avation PLC (LON:AVAPGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 126.65 ($1.67) and traded as high as GBX 136.50 ($1.80). Avation shares last traded at GBX 136.25 ($1.80), with a volume of 10,549 shares changing hands.

Avation Trading Up 1.1 %

The company has a current ratio of 1.62, a quick ratio of 1.33 and a debt-to-equity ratio of 322.27. The business has a 50 day simple moving average of GBX 130.62 and a two-hundred day simple moving average of GBX 126.65. The stock has a market cap of £96.57 million, a price-to-earnings ratio of -2,270.83, a price-to-earnings-growth ratio of -0.15 and a beta of 1.17.

About Avation

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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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