BIT:AVIOAerospace & Defense
A Look At Avio (BIT:AVIO) Valuation After Major US Rocket Motor Facility Investment
Avio (BIT:AVIO) is back in focus after its US subsidiary, Avio USA Inc., announced plans to invest about US$500 million in an 860,000 square foot solid rocket motor facility in Virginia.
See our latest analysis for Avio.
The Virginia announcement comes after a strong run in the stock, with a 45.35% 90 day share price return and a very large 3 year total shareholder return. This suggests momentum has been building as investors reassess Avio's growth ambitions and risk profile.
If this...