Zacks Investment Research downgraded shares of Bba Aviation (OTCMKTS:BBAVY) from a hold rating to a sell rating in a research note published on Tuesday.
According to Zacks, “BBA Aviation plc is a provider of aviation support and aftermarket services. Its flight support services include refueling, cargo handling, ground handling and other services and aftermarket services and systems activities include overhaul of jet engines, supply of aircraft parts, design, manufacture and overhaul of landing gear, aircraft hydraulics and other aircraft equipment. BBA Aviation plc is headquartered in London, the United Kingdom. “
BBAVY has been the subject of several other research reports. Investec lowered shares of Bba Aviation from a buy rating to a hold rating in a research note on Friday, March 2nd. Citigroup upgraded shares of Bba Aviation from a neutral rating to a buy rating in a research note on Monday, January 8th. Finally, ValuEngine lowered shares of Bba Aviation from a buy rating to a hold rating in a research note on Friday, December 1st.
Bba Aviation (OTCMKTS:BBAVY) opened at $23.30 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 1.03. Bba Aviation has a 52 week low of $19.04 and a 52 week high of $26.44.
The business also recently announced a Semi-Annual dividend, which will be paid on Monday, June 11th. Shareholders of record on Friday, April 13th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, April 12th.
Bba Aviation Company Profile
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 Flight Support and Aftermarket Services segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including office rentals and other technical services, fuelling, ground handling, passenger and pilot services, and amenities; hangarage for resting and at home aircraft; technical support, line maintenance, and aircraft on ground services through Signature TECHNICAir; and aircraft management and charter services through Gama Aviation Signature Aircraft Management to the passengers, operators, and pilots of the B&GA fleet.
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