Avation’s (AVAP) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Avation (LON:AVAPFree Report) in a research note issued to investors on Friday morning, MarketBeat.com reports. They currently have a GBX 270 price objective on the stock.

Avation Stock Performance

LON:AVAP opened at GBX 135 on Friday. Avation has a one year low of GBX 122.44 and a one year high of GBX 170. The business’s 50-day simple moving average is GBX 135.51 and its 200 day simple moving average is GBX 136.21. 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 stock has a market cap of £80.91 million, a price-to-earnings ratio of -6.75, a price-to-earnings-growth ratio of -0.15 and a beta of 0.12.

About Avation

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

Further Reading

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