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

Avon Protection plc (LON:AVON)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,345.62 ($16.92) and traded as high as GBX 1,439.66 ($18.10). Avon Protection shares last traded at GBX 1,430 ($17.98), with a volume of 181,686 shares changing hands.

Analyst Ratings Changes

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

Avon Protection Trading Down 0.6 %

The company has a current ratio of 2.27, a quick ratio of 0.85 and a debt-to-equity ratio of 47.69. The stock has a market cap of £535.11 million, a P/E ratio of -49.32, a PEG ratio of 1.85 and a beta of 0.35. The firm’s 50-day simple moving average is GBX 1,474.35 and its 200 day simple moving average is GBX 1,345.62.

Avon Protection Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.16 per share. 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. This represents a dividend yield of 0.97%. Avon Protection’s payout ratio is -62.08%.

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.