Avon Protection (LON:AVON) Reaches New 12-Month High Following Dividend Announcement

Posted by ABMN Staff on Nov 22nd, 2024

Avon Protection plc (LON:AVON – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday after the company announced a dividend. The company traded as high as GBX 1,450 ($18.26) and last traded at GBX 1,358 ($17.10), with a volume of 47238 shares. The stock had previously closed at GBX 1,378 ($17.35).

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on AVON

Avon Protection Stock Performance

The stock has a market cap of £418.80 million, a PE ratio of -3,034.78, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The stock has a fifty day moving average of GBX 1,245.26 and a 200-day moving average of GBX 1,269.39. The company has a quick ratio of 0.85, a current ratio of 2.47 and a debt-to-equity ratio of 61.54.

About Avon Protection

(Get Free Report)

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.