Avon Protection (LON:AVON) Shares Pass Above 200 Day Moving Average of $1,183.58

Avon Protection plc (LON:AVON) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,183.58 ($15.38) and traded as high as GBX 1,254 ($16.29). Avon Protection shares last traded at GBX 1,254 ($16.29), with a volume of 6,636 shares.

Wall Street Analysts Forecast Growth

AVON has been the subject of several analyst reports. Shore Capital reissued a “hold” rating on shares of Avon Protection in a research note on Thursday, July 25th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,295 ($16.83) price objective on shares of Avon Protection in a research note on Tuesday, May 21st.

Avon Protection Stock Performance

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 50 day simple moving average of GBX 1,283.96 and a 200-day simple moving average of GBX 1,185.56. The stock has a market capitalization of £370.20 million, a P/E ratio of -2,625.53, a price-to-earnings-growth ratio of 1.85 and a beta of 0.28.

Insider Activity at Avon Protection

In other Avon Protection news, insider Maggie Brereton acquired 1,565 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The stock was bought at an average cost of GBX 1,278 ($16.61) per share, with a total value of £20,000.70 ($25,988.44). In the last three months, insiders have bought 1,600 shares of company stock worth $2,044,809. Company insiders own 4.44% of the company’s stock.

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.