Avon Protection (LON:AVON) Reaches New 1-Year High – What’s Next?

Shares of Avon Protection plc (LON:AVON) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,516 ($19.07) and last traded at GBX 1,482 ($18.64), with a volume of 51730 shares. The stock had previously closed at GBX 1,454 ($18.29).

Analyst Ratings Changes

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

Avon Protection Stock Performance

The stock has a market cap of £444.60 million, a P/E ratio of -3,221.74, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 61.54, a quick ratio of 0.85 and a current ratio of 2.47. The business’s 50-day moving average price is GBX 1,333.64 and its 200-day moving average price is GBX 1,287.03.

Avon Protection Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be paid a dividend of $0.16 per share. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from Avon Protection’s previous dividend of $0.07. Avon Protection’s dividend payout ratio (DPR) is -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.