Aviva (OTCMKTS:AVVIY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Aviva plc (OTCMKTS:AVVIY)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $13.07 and traded as low as $12.60. Aviva shares last traded at $12.79, with a volume of 17,653 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AVVIY shares. The Goldman Sachs Group upgraded shares of Aviva to a “strong-buy” rating in a research report on Wednesday, September 18th. Royal Bank of Canada raised Aviva to a “moderate buy” rating in a report on Thursday, October 3rd.

Aviva Stock Performance

The business’s 50 day simple moving average is $13.07 and its 200-day simple moving average is $12.59.

Aviva Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Friday, September 6th will be given a dividend of $0.2854 per share. The ex-dividend date is Friday, September 6th.

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.