Gama Aviation (LON:GMAA) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Gama Aviation Plc (LON:GMAAGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 107.50 ($1.39) and traded as high as GBX 107.50 ($1.39). Gama Aviation shares last traded at GBX 107.50 ($1.39), with a volume of 27,057 shares.

Gama Aviation Trading Up 9.7 %

The company’s 50-day moving average price is GBX 107.50 and its 200 day moving average price is GBX 102.07. The stock has a market cap of £68.84 million, a PE ratio of -977.27 and a beta of 0.51. The company has a debt-to-equity ratio of 245.59, a quick ratio of 0.61 and a current ratio of 0.91.

About Gama Aviation

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Gama Aviation Plc provides business aviation services in the Middle East, the United States, Asia, and Europe. The company operates through Business Aviation, Special Mission, and Technology and Outsourcing segments. The Business Aviation segment offers aircraft management, crewing, charter, and fixed base services, as well as maintenance and repair solutions.

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