Shore Capital Reaffirms “Hold” Rating for Avon Protection (LON:AVON)

Shore Capital reaffirmed their hold rating on shares of Avon Protection (LON:AVON) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.

Avon Protection Stock Performance

Shares of LON AVON opened at GBX 1,396 ($17.58) on Tuesday. The company has a market cap of £418.80 million, a P/E ratio of -3,034.78, a P/E/G ratio of 1.85 and a beta of 0.35. Avon Protection has a 52-week low of GBX 720.73 ($9.07) and a 52-week high of GBX 1,454.70 ($18.31). 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 moving average is GBX 1,245.26 and its two-hundred day moving average is GBX 1,269.39.

Avon Protection Increases Dividend

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

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.