Avon Protection (LON:AVON) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Avon Protection plc (LON:AVON) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,238.49 ($16.57) and traded as high as GBX 1,244 ($16.64). Avon Protection shares last traded at GBX 1,238 ($16.56), with a volume of 101,495 shares.

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Avon Protection in a research note on Thursday, July 25th.

Avon Protection Trading Up 0.5 %

The stock has a market capitalization of £373.20 million, a P/E ratio of -2,827.27, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. 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’s fifty day simple moving average is GBX 1,239.76 and its 200 day simple moving average is GBX 1,240.12.

Insider Activity at Avon Protection

In related news, insider Maggie Brereton purchased 1,565 shares of the firm’s stock in a transaction that occurred on Tuesday, July 9th. The shares were bought at an average cost of GBX 1,278 ($17.09) per share, with a total value of £20,000.70 ($26,753.21). 5.20% of the stock is currently owned by insiders.

Avon Protection Company Profile

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.