Avation PLC (LON:AVAP – Get Free Report)’s share price shot up 14.5% during trading on Wednesday . The company traded as high as GBX 166 ($2.17) and last traded at GBX 166 ($2.17). 2,554,145 shares were traded during mid-day trading, an increase of 1,902% from the average session volume of 127,568 shares. The stock had previously closed at GBX 145 ($1.89).
Analyst Ratings Changes
Separately, Canaccord Genuity Group decreased their price target on shares of Avation from GBX 280 ($3.66) to GBX 255 ($3.33) and set a “buy” rating for the company in a research report on Thursday, September 26th.
Read Our Latest Research Report on AVAP
Avation Stock Performance
Avation Company Profile
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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