Avon Protection (LON:AVON) Reaches New 52-Week Low – Time to Sell?

Avon Protection plc (LON:AVON) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,458 and last traded at GBX 1,544, with a volume of 170488 shares trading hands. The stock had previously closed at GBX 1,520.

Analysts Set New Price Targets

Separately, Jefferies Financial Group dropped their price objective on Avon Protection from GBX 2,400 to GBX 2,330 and set a “buy” rating on the stock in a research note on Monday, January 26th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 2,165.

Avon Protection Trading Up 3.4%

The stock’s 50 day moving average is GBX 1,738.28 and its two-hundred day moving average is GBX 1,802.28. The company has a market capitalization of £467.84 million, a PE ratio of 47.50, a price-to-earnings-growth ratio of 1.85 and a beta of 0.22. The company has a quick ratio of 0.85, a current ratio of 3.28 and a debt-to-equity ratio of 48.31.

Avon Protection Company Profile