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

Aviva PLC (OTCMKTS:AVVIY) saw an uptick in trading volume on Thursday . Approximately 183,117 shares changed hands during trading, an increase of 170% from the previous session’s volume of 67,893 shares.The stock last traded at $19.40 and had previously closed at $19.14.

Wall Street Analyst Weigh In

AVVIY has been the topic of several recent analyst reports. Berenberg Bank upgraded shares of Aviva to a “strong-buy” rating in a report on Thursday, May 28th. Sanford C. Bernstein lowered shares of Aviva to a “buy” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Aviva Trading Down 1.7%

The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $19.07 and a 200-day moving average of $17.68.

About Aviva

Aviva plc is a United Kingdom-based insurance and financial services company. It provides life insurance, general insurance, health insurance, retirement solutions, and investment products to individuals, families, businesses, and institutional customers.

The company’s offerings include protection and savings products, workplace pensions, annuities, individual retirement planning, investment management, home and motor insurance, and commercial insurance. Aviva operates primarily in the United Kingdom, Ireland, and Canada, serving customers through direct channels, financial advisers, employers, brokers, and other distribution partners.

Aviva traces its heritage to insurance businesses established in the 17th century and adopted the Aviva name in 2002 following the combination of CGU and Norwich Union.