Aviva (OTCMKTS:AVVIY) Sets New 52-Week High – Should You Buy?

Aviva plc (OTCMKTS:AVVIY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.78 and last traded at $14.78, with a volume of 19548 shares trading hands. The stock had previously closed at $14.71.

Analyst Upgrades and Downgrades

AVVIY has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods raised Aviva from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 27th. BNP Paribas raised shares of Aviva from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Aviva Stock Performance

The business has a 50-day moving average price of $13.04 and a two-hundred day moving average price of $12.68.

Aviva Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.6002 per share. This is a boost from Aviva’s previous dividend of $0.29. The ex-dividend date is Friday, April 11th.

Aviva Company Profile

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.