Avon Protection (LON:AVON) Reaches New 52-Week High – What’s Next?

Avon Protection plc (LON:AVON)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,450 ($18.41) and last traded at GBX 1,444 ($18.33), with a volume of 288373 shares traded. The stock had previously closed at GBX 1,388 ($17.62).

Wall Street Analysts Forecast Growth

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

Avon Protection Price Performance

The stock’s 50 day simple moving average is GBX 1,264.28 and its 200-day simple moving average is GBX 1,275.05. The company has a debt-to-equity ratio of 61.54, a current ratio of 2.47 and a quick ratio of 0.85. The company has a market capitalization of £429.66 million, a PE ratio of -3,126.09, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The company 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 dividend yield of 0.97%. This is a positive change from Avon Protection’s previous dividend of $0.07. The ex-dividend date of this dividend is Thursday, February 6th. Avon Protection’s dividend payout ratio is presently -3,913.04%.

Avon Protection Company Profile

Avon Protection plc provides respiratory, chemical, biological, radiological, and nuclear and head protection solutions for military and first responder agencies in the United Kingdom, Europe, and the United States. The company offers respiratory products, including respirators, filters, powered and supplied air, escape hoods, underwater systems, and thermal image camera, and CBRN protective wear, as well as spares and accessories.