BBA Aviation (LON:BBA) Stock Passes Above 200-Day Moving Average – Here’s Why

Shares of BBA Aviation plc (LON:BBA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 314.80 ($3.97) and traded as high as GBX 315.93 ($3.98). BBA Aviation shares last traded at GBX 314.80 ($3.97), with a volume of 4,341,842 shares changing hands.

BBA Aviation Stock Performance

The stock has a market cap of £3.26 billion and a price-to-earnings ratio of 31.80. The firm’s 50-day moving average price is GBX 314.80 and its two-hundred day moving average price is GBX 314.80. The company has a debt-to-equity ratio of 140.32, a quick ratio of 0.53 and a current ratio of 1.33.

BBA Aviation Company Profile

BBA Aviation plc provides aviation support and aftermarket services to the business and general aviation (B&GA) markets in the United Kingdom, Mainland Europe, North America, and internationally. It operates through Signature and Ontic segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including fueling, ground handling, passenger and pilot services, and amenities; hangarage for overnight parking and home based aircraft storage; technical support, line and heavy maintenance, inspection, and aircraft on ground (AoG) services through Signature TECHNICAir; Signature ELITE class that provides Signature service and accommodation to commercial travelers; and aircraft management and charter services through Gama Aviation Signature Aircraft Management for passengers, operators, and pilots of the B&GA fleet.