Avation (LON:AVAP) Shares Pass Above 200-Day Moving Average of $122.35

Avation PLC (LON:AVAPGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 122.35 ($1.55) and traded as high as GBX 137 ($1.73). Avation shares last traded at GBX 134.50 ($1.70), with a volume of 71,350 shares trading hands.

Avation Stock Up 1.9 %

The company has a market capitalization of £97.02 million, a PE ratio of -2,241.67, a PEG ratio of -0.15 and a beta of 1.07. The company’s 50 day moving average is GBX 132.02 and its two-hundred day moving average is GBX 122.35. The company has a quick ratio of 1.33, a current ratio of 1.62 and a debt-to-equity ratio of 322.27.

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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