Avolon Holdings (AVOL) in Focus: Stock Moves 5.1% Higher
Avolon Holdings Limited (AVOL) was a big mover last session, as the company saw its shares rise more than 5% on the day. Shares moved up after the company agreed to be acquired by Bohai Leasing for $31 per share in cash. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 3.04% over the past five days.
This TRANS-EQP & LSNG industry stock witnessed one positive estimate revision in the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Avolon Holdings. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Avolon Holdings carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the space may also consider Aircastle LTD (AYR), carrying a Zacks Rank #2.
Is AVOL going up? Or down? Predict to see what others think: Up or Down
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AVOLON HOLDINGS (AVOL): Free Stock Analysis Report
AIRCASTLE LTD (AYR): Free Stock Analysis Report
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