Avon Protection (LON:AVON) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Avon Protection plc (LON:AVON) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,303.51 ($15.86) and traded as high as GBX 1,522 ($18.52). Avon Protection shares last traded at GBX 1,522 ($18.52), with a volume of 2,437,318 shares traded.

Wall Street Analyst Weigh In

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

Avon Protection Stock Down 0.9 %

The business’s 50 day simple moving average is GBX 1,409.73 and its 200 day simple moving average is GBX 1,306.39. The company has a current ratio of 2.47, a quick ratio of 0.85 and a debt-to-equity ratio of 61.54. The firm has a market capitalization of £452.40 million, a PE ratio of -3,278.26, a PEG ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

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

Avon Protection Company Profile

We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise.
Our two businesses, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America.
With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives.