Avon Protection (LON:AVON) Stock Passes Above 200-Day Moving Average - Time to Sell?

Avon Protection plc (LON:AVON - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,280.29 ($16.16) and traded as high as GBX 1,390.89 ($17.56). Avon Protection shares last traded at GBX 1,384 ($17.47), with a volume of 158,343 shares changing hands.

Wall Street Analysts Forecast Growth

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

Avon Protection Price Performance

The stock has a market cap of £415.20 million, a PE ratio of -3,008.70, a P/E/G ratio of 1.85 and a beta of 0.35. 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 business has a fifty day simple moving average of GBX 1,299.72 and a two-hundred day simple moving average of GBX 1,281.01.

Avon Protection Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be issued a $0.16 dividend. This is an increase from Avon Protection's previous dividend of $0.07. The ex-dividend date is Thursday, February 6th. This represents a yield of 0.97%. Avon Protection's dividend payout ratio is -3,913.04%.

About Avon Protection

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.