Avon Protection (LON:AVON) Reaches New 52-Week High - Still a Buy?

Shares of Avon Protection plc (LON:AVON - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as GBX 1,540 ($18.95) and last traded at GBX 1,517.51 ($18.67), with a volume of 552453 shares. The stock had previously closed at GBX 1,516 ($18.65).

Analyst Ratings Changes

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

Avon Protection Trading Up 0.1 %

The company has a 50 day simple moving average of GBX 1,377.37 and a two-hundred day simple moving average of GBX 1,298.51. The company has a debt-to-equity ratio of 61.54, a quick ratio of 0.85 and a current ratio of 2.47. The firm has a market cap of £455.25 million, a PE ratio of -3,298.93, a P/E/G ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.16 per share. This represents a yield of 0.97%. This is a boost from Avon Protection's previous dividend of $0.07. The ex-dividend date is Thursday, February 6th. Avon Protection's 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.