BBA Aviation (LON:BBA) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

BBA Aviation plc (LON:BBA) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 314.80 ($4.10) and traded as high as GBX 315.93 ($4.11). BBA Aviation shares last traded at GBX 314.80 ($4.10), with a volume of 4,341,842 shares changing hands.

BBA Aviation Trading Up 1.2 %

The company has a quick ratio of 0.53, a current ratio of 1.33 and a debt-to-equity ratio of 140.32. The business’s fifty day moving average is GBX 314.80 and its two-hundred day moving average is GBX 314.80. The firm has a market cap of £3.26 billion and a price-to-earnings ratio of 31.80.

About BBA Aviation

BBA Aviation plc provides aviation support and aftermarket services to the business and general aviation (B&GA) markets in the United Kingdom, Mainland Europe, North America, and internationally. It operates through Signature and Ontic segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including fueling, ground handling, passenger and pilot services, and amenities; hangarage for overnight parking and home based aircraft storage; technical support, line and heavy maintenance, inspection, and aircraft on ground (AoG) services through Signature TECHNICAir; Signature ELITE class that provides Signature service and accommodation to commercial travelers; and aircraft management and charter services through Gama Aviation Signature Aircraft Management for passengers, operators, and pilots of the B&GA fleet.