Avon Protection (LON:AVON) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Avon Protection plc (LON:AVON)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,336.03 ($16.93) and traded as high as GBX 1,498 ($18.98). Avon Protection shares last traded at GBX 1,462 ($18.53), with a volume of 108,348 shares.

Wall Street Analysts Forecast Growth

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

Avon Protection Stock Up 1.6 %

The company has a market capitalization of £556.07 million, a price-to-earnings ratio of -51.25, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The firm’s 50 day moving average price is GBX 1,467.09 and its two-hundred day moving average price is GBX 1,336.03. The company has a current ratio of 2.27, a quick ratio of 0.85 and a debt-to-equity ratio of 47.69.

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 paid a dividend of $0.16 per share. The ex-dividend date 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 currently -62.08%.

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.