Aviva (OTCMKTS:AVVIY) Sees Large Volume Increase – Here’s What Happened

Aviva PLC (OTCMKTS:AVVIY) shares saw unusually-strong trading volume on Tuesday . Approximately 630,308 shares were traded during mid-day trading, an increase of 1,754% from the previous session’s volume of 34,000 shares.The stock last traded at $18.38 and had previously closed at $18.60.

Analysts Set New Price Targets

Several analysts have recently weighed in on AVVIY shares. Citigroup upgraded Aviva to a “hold” rating in a report on Tuesday, July 15th. Barclays cut Aviva from a “strong-buy” rating to a “hold” rating in a report on Monday, June 16th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Aviva presently has a consensus rating of “Moderate Buy”.

Aviva Trading Up 0.7%

The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.67. The business has a 50-day moving average price of $17.49 and a two-hundred day moving average price of $15.71.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.