Avast (LON:AVST) Stock Price Up 0.8%

Avast Plc (LON:AVST)’s stock price rose 0.8% during mid-day trading on Wednesday . The stock traded as high as GBX 480.30 ($6.28) and last traded at GBX 479 ($6.26). Approximately 2,553,874 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 2,285,589 shares. The stock had previously closed at GBX 475.20 ($6.21).

Separately, Barclays reissued an “overweight” rating and issued a GBX 565 ($7.38) target price on shares of Avast in a research report on Thursday, April 8th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 541.11 ($7.07).

The company has a 50 day moving average price of GBX 465. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 75.20. The company has a market capitalization of £5.01 billion and a PE ratio of 42.92.

In other news, insider Warren Finegold sold 68,132 shares of the firm’s stock in a transaction dated Monday, March 22nd. The stock was sold at an average price of GBX 478 ($6.25), for a total value of £325,670.96 ($425,491.19).

About Avast (LON:AVST)

Avast Plc, together with its subsidiaries, provides digital security products under the Avast, HMA, AVG, and CCleaner brands worldwide. It operates through two segments, Consumer and Small to Mid-Sized Business (SMB). The company offers desktop security and mobile device protection products; value-added solutions for performance, privacy, and other tools; dynamic secure search solution, including browser toolbar; and big data and marketing analytics solutions, as well as security and protection solutions for small and medium-sized business.

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