Avon Protection (LON:AVON) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Avon Protection plc (LON:AVON)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,345.62 ($16.92) and traded as high as GBX 1,439.66 ($18.10). Avon Protection shares last traded at GBX 1,430 ($17.98), with a volume of 181,686 shares trading hands.

Analyst Ratings Changes

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

Avon Protection Price Performance

The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.85 and a current ratio of 2.27. The stock has a market cap of £535.11 million, a price-to-earnings ratio of -49.32, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The business’s fifty day simple moving average is GBX 1,474.35 and its 200 day simple moving average is GBX 1,345.62.

Avon Protection Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 0.97%. This is a positive change from Avon Protection’s previous dividend of $0.07. Avon Protection’s payout ratio is currently -62.08%.

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.