Avon Protection (LON:AVON) Hits New 1-Year High – Here’s What Happened

Avon Protection plc (LON:AVON)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,540 ($18.80) and last traded at GBX 1,517.51 ($18.53), with a volume of 552453 shares trading hands. The stock had previously closed at GBX 1,516 ($18.51).

Analyst Upgrades and Downgrades

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

Avon Protection Price Performance

The firm has a market capitalization of £456 million, a P/E ratio of -3,304.35, a PEG ratio of 1.85 and a beta of 0.35. The company has a fifty day moving average of GBX 1,382.69 and a 200 day moving average of GBX 1,299.58. The company has a debt-to-equity ratio of 61.54, a current ratio of 2.47 and a quick ratio of 0.85.

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 $0.16 dividend. This is a positive change from Avon Protection’s previous dividend of $0.07. This represents a dividend yield of 0.97%. The ex-dividend date is Thursday, February 6th. Avon Protection’s dividend payout ratio is currently -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.