Avation PLC (LON:AVAP – Get Free Report)’s share price was up 14.5% during mid-day trading on Wednesday . The company traded as high as GBX 166 ($2.17) and last traded at GBX 166 ($2.17). Approximately 2,554,145 shares changed hands during mid-day trading, an increase of 1,902% from the average daily volume of 127,568 shares. The stock had previously closed at GBX 145 ($1.89).
Wall Street Analyst Weigh In
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 on the stock in a research report on Thursday, September 26th.
Check Out Our Latest Report on Avation
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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