Avon Protection (LON:AVON) Shares Cross Above 200-Day Moving Average – Time to Sell?

Avon Protection plc (LON:AVON)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,280.29 ($16.16) and traded as high as GBX 1,390.89 ($17.56). Avon Protection shares last traded at GBX 1,384 ($17.47), with a volume of 158,343 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “hold” rating on shares of Avon Protection in a research report on Tuesday, November 19th.

Avon Protection Price Performance

The company has a debt-to-equity ratio of 61.54, a current ratio of 2.47 and a quick ratio of 0.85. The company’s 50-day moving average is GBX 1,299.72 and its 200-day moving average is GBX 1,281.01. The firm has a market capitalization of £415.20 million, a price-to-earnings ratio of -3,008.70, a PEG ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be issued a dividend of $0.16 per share. This represents a dividend yield of 0.97%. This is an increase from Avon Protection’s previous dividend of $0.07. The ex-dividend date is Thursday, February 6th. Avon Protection’s dividend payout ratio is presently -3,913.04%.

About Avon Protection

Avon Protection plc provides respiratory, chemical, biological, radiological, and nuclear and head protection solutions for military and first responder agencies in the United Kingdom, Europe, and the United States. The company offers respiratory products, including respirators, filters, powered and supplied air, escape hoods, underwater systems, and thermal image camera, and CBRN protective wear, as well as spares and accessories.