Avon Protection (LON:AVON) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Avon Protection plc (LON:AVON) 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 ($18.11). Avon Protection shares last traded at GBX 1,430 ($17.99), with a volume of 181,686 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.

Avon Protection Trading Down 0.6 %

The company has a market capitalization of £535.11 million, a price-to-earnings ratio of -49.32, a PEG ratio of 1.85 and a beta of 0.35. The firm has a 50-day moving average price of GBX 1,474.35 and a 200-day moving average price of GBX 1,345.62. 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 declared 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 boost from Avon Protection’s previous dividend of $0.07. This represents a dividend yield of 0.97%. Avon Protection’s dividend payout ratio (DPR) is -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.