Aviva (OTCMKTS:AVVIY) Sees Strong Trading Volume – Time to Buy?

Shares of Aviva PLC (OTCMKTS:AVVIY) saw unusually-strong trading volume on Tuesday. Approximately 124,118 shares changed hands during trading, an increase of 79% from the previous session’s volume of 69,207 shares. The stock last traded at $18.43 and had previously closed at $18.20.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein lowered Aviva to a “buy” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Aviva Trading Up 1.0%

The firm’s 50-day moving average price is $19.10 and its 200-day moving average price is $17.83.

About Aviva

Aviva plc is a United Kingdom-based insurance, wealth and retirement business. The company provides life insurance, general insurance, health insurance, pensions, annuities, savings and investment products to individual and corporate customers. Its offerings include protection against risks such as home and motor damage, as well as retirement planning and workplace benefits.

Aviva primarily serves customers in the United Kingdom, Ireland and Canada. Its business is organized around insurance and related financial services, with products distributed through direct channels, intermediaries, financial advisers, employers and other business partners.

Aviva’s history includes roots in insurance businesses dating back several centuries, including the Hand in Hand Fire and Life Insurance Society established in 1696.