Avon Protection (LON:AVON) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Avon Protection plc (LON:AVON) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,363.53 ($17.74) and traded as high as GBX 1,472 ($19.15). Avon Protection shares last traded at GBX 1,390 ($18.08), with a volume of 21,413 shares trading hands.

Avon Protection Stock Down 1.6 %

The firm has a market cap of £520.15 million, a P/E ratio of -47.94, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The stock’s 50 day simple moving average is GBX 1,469.59 and its 200 day simple moving average is GBX 1,363.53. 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 company also recently announced a dividend, which was paid on Friday, March 7th. Stockholders of record on Thursday, February 6th were paid a $0.16 dividend. This is a positive change from Avon Protection’s previous dividend of $0.07. The ex-dividend date was Thursday, February 6th. This represents a dividend yield of 0.97%. Avon Protection’s dividend payout ratio is presently -62.08%.

Insider Transactions at Avon Protection

In related news, insider Rich Cashin sold 7,827 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of GBX 1,421 ($18.49), for a total value of £111,221.67 ($144,688.01). Insiders bought a total of 30 shares of company stock worth $44,520 in the last quarter. 5.10% of the stock is currently owned by corporate insiders.

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.