AVEVA Group (LON:AVV) Hits New 1-Year Low at $2,980.00

AVEVA Group plc (LON:AVV) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 2,980 ($40.45) and last traded at GBX 2,982 ($40.48), with a volume of 177312 shares traded. The stock had previously closed at GBX 3,130 ($42.49).

Several brokerages recently commented on AVV. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 4,500 ($61.08) target price on shares of AVEVA Group in a report on Thursday, December 9th. Barclays dropped their target price on shares of AVEVA Group from GBX 3,880 ($52.67) to GBX 3,750 ($50.90) and set an “equal weight” rating on the stock in a report on Tuesday.

The firm’s fifty day moving average price is GBX 3,292.13 and its 200-day moving average price is GBX 3,667.41. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 15.03. The company has a market cap of £8.90 billion and a P/E ratio of -234.37.

The business also recently disclosed a dividend, which will be paid on Friday, February 4th. Stockholders of record on Thursday, January 6th will be issued a dividend of GBX 13 ($0.18) per share. The ex-dividend date is Thursday, January 6th. This represents a dividend yield of 0.36%. AVEVA Group’s payout ratio is -3.10%.

About AVEVA Group (LON:AVV)

AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance management; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.

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