Gama Aviation (LON:GMAA) Trading 9.7% Higher – Still a Buy?

Shares of Gama Aviation Plc (LON:GMAAGet Free Report) traded up 9.7% during trading on Tuesday . The stock traded as high as GBX 107.50 ($1.37) and last traded at GBX 107.50 ($1.37). 27,057 shares changed hands during trading, a decline of 14% from the average session volume of 31,498 shares. The stock had previously closed at GBX 98 ($1.25).

Gama Aviation Stock Performance

The stock’s 50-day moving average price is GBX 107.50 and its 200 day moving average price is GBX 104.23. The company has a quick ratio of 0.61, a current ratio of 0.91 and a debt-to-equity ratio of 245.59. The company has a market cap of £68.84 million, a P/E ratio of -977.27 and a beta of 0.51.

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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