Avon Protection (LON:AVON) Sets New 12-Month High – What’s Next?

Avon Protection plc (LON:AVON)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 1,550 ($18.86) and last traded at GBX 1,508 ($18.35), with a volume of 43700 shares changing hands. The stock had previously closed at GBX 1,522 ($18.52).

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 0.9 %

The business’s 50 day moving average price is GBX 1,409.73 and its 200-day moving average price is GBX 1,306.39. The company has a market cap of £452.40 million, a price-to-earnings ratio of -3,278.26, a PEG ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 61.54, a quick ratio of 0.85 and a current ratio of 2.47.

Avon Protection Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be given a $0.16 dividend. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Avon Protection’s previous dividend of $0.07. Avon Protection’s dividend payout ratio is -3,913.04%.

Avon Protection Company Profile

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.