Avon Protection (LON:AVON) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Avon Protection plc (LON:AVON) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,303.51 ($15.86) and traded as high as GBX 1,522 ($18.52). Avon Protection shares last traded at GBX 1,522 ($18.52), with a volume of 2,437,318 shares traded.

Analyst Ratings Changes

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

Avon Protection Stock Performance

The firm has a market cap of £452.40 million, a PE ratio of -3,278.26, a price-to-earnings-growth 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. The business has a 50 day simple moving average of GBX 1,409.73 and a two-hundred day simple moving average of GBX 1,306.39.

Avon Protection Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be issued a dividend of $0.16 per share. 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. This represents a yield of 0.97%. Avon Protection’s dividend payout ratio (DPR) is presently -3,913.04%.

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.