AVEVA Group (LON:AVV) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

AVEVA Group plc (LON:AVV) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,219 ($40.45) and traded as high as GBX 3,219 ($40.45). AVEVA Group shares last traded at GBX 3,219 ($40.45), with a volume of 0 shares changing hands.

AVEVA Group Trading Up 9,900.0 %

The company has a current ratio of 1.67, a quick ratio of 1.54 and a debt-to-equity ratio of 16.09. The business has a 50 day moving average of GBX 3,219 and a two-hundred day moving average of GBX 3,219. The firm has a market cap of £9.72 billion and a P/E ratio of -154.76.

AVEVA Group Company Profile

AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance management; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.