Avon Protection (LON:AVON) Shares Cross Above 200-Day Moving Average - Should You Sell?

Avon Protection plc (LON:AVON - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,329.81 ($16.73) and traded as high as GBX 1,478 ($18.59). Avon Protection shares last traded at GBX 1,454 ($18.29), with a volume of 26,095 shares trading hands.

Analyst Upgrades and Downgrades

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

Avon Protection Stock Performance

The firm's 50 day moving average is GBX 1,461.55 and its two-hundred day moving average is GBX 1,332.50. The stock has a market capitalization of £538.86 million, a PE ratio of -49.66, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.85 and a current ratio of 2.27.

Avon Protection Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be paid a dividend of $0.16 per share. This is an increase from Avon Protection's previous dividend of $0.07. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 6th. Avon Protection's dividend payout ratio is presently -62.08%.

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.