Avon Protection (LON:AVON) Share Price Crosses Above 200 Day Moving Average - What's Next?

Avon Protection plc (LON:AVON - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,378.76 ($17.62) and traded as high as GBX 1,466 ($18.73). Avon Protection shares last traded at GBX 1,440 ($18.40), with a volume of 43,816 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "hold" rating on shares of Avon Protection in a research note on Thursday, March 27th.

Avon Protection Stock Performance

The company has a debt-to-equity ratio of 47.69, a current ratio of 2.27 and a quick ratio of 0.85. The company has a fifty day moving average price of GBX 1,442.12 and a 200 day moving average price of GBX 1,383.60. The stock has a market cap of £526.88 million, a P/E ratio of -48.56, a P/E/G ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were paid a dividend of $0.16 per share. This represents a yield of 0.97%. The ex-dividend date of this dividend was Thursday, February 6th. This is a positive change from Avon Protection's previous dividend of $0.07. Avon Protection's payout ratio is -62.08%.

Insider Buying and Selling at Avon Protection

In related news, insider Rich Cashin sold 7,827 shares of Avon Protection stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of GBX 1,421 ($18.16), for a total transaction of £111,221.67 ($142,118.16). Over the last three months, insiders have acquired 31 shares of company stock valued at $44,522. Corporate insiders own 5.10% of the company's stock.

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.