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

by · The Cerbat Gem

Avon Protection plc (LON:AVON – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,303.51 ($15.95) and traded as high as GBX 1,522 ($18.62). Avon Protection shares last traded at GBX 1,522 ($18.62), with a volume of 2,437,318 shares changing hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on AVON

Avon Protection Stock Up 0.7 %

The firm’s 50 day moving average is GBX 1,398.93 and its 200-day moving average is GBX 1,303.51. The firm has a market cap of £459.60 million, a PE ratio of -3,330.43, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a quick ratio of 0.85, a current ratio of 2.47 and a debt-to-equity ratio of 61.54.

Avon Protection Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.16 per share. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Avon Protection’s previous dividend of $0.07. Avon Protection’s dividend payout ratio is currently -3,913.04%.

About Avon Protection

(Get Free Report)

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.

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