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

Avon Protection plc (LON:AVON)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,312.60 ($16.39) and traded as high as GBX 1,520 ($18.98). Avon Protection shares last traded at GBX 1,480 ($18.48), with a volume of 258,376 shares changing hands.

Analysts Set New Price Targets

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

Avon Protection Trading Down 2.0 %

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 firm has a fifty day moving average price of GBX 1,430.93 and a 200 day moving average price of GBX 1,312.60. The company has a market cap of £444 million, a price-to-earnings ratio of -3,217.39, a P/E/G ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be given a $0.16 dividend. This represents a dividend 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%.

About Avon Protection

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.