Avon Protection (LON:AVON) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Avon Protection plc (LON:AVON) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,320.78 ($16.43) and traded as high as GBX 1,520 ($18.91). Avon Protection shares last traded at GBX 1,470 ($18.29), with a volume of 25,918 shares trading hands.

Analyst Ratings Changes

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

Avon Protection Stock Performance

The company has a current ratio of 2.47, a quick ratio of 0.85 and a debt-to-equity ratio of 61.54. The firm has a market capitalization of £439.25 million, a price-to-earnings ratio of -3,182.96, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The company has a 50-day moving average of GBX 1,450.69 and a 200-day moving average of GBX 1,320.78.

Avon Protection Increases Dividend

The firm also recently declared 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 boost from Avon Protection’s previous dividend of $0.07. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 0.97%. Avon Protection’s dividend payout ratio is presently -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.