Avon Protection (LON:AVON) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Avon Protection plc (LON:AVON) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,280.29 ($16.16) and traded as high as GBX 1,390.89 ($17.56). Avon Protection shares last traded at GBX 1,384 ($17.47), with a volume of 158,343 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Avon Protection in a research report on Tuesday, November 19th.

Avon Protection Price Performance

The company has a market capitalization of £415.20 million, a PE ratio of -3,008.70, 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 current ratio of 2.47 and a quick ratio of 0.85. The stock’s 50 day simple moving average is GBX 1,299.72 and its 200-day simple moving average is GBX 1,281.01.

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 issued a $0.16 dividend. This is a boost from Avon Protection’s previous dividend of $0.07. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 0.97%. Avon Protection’s dividend payout ratio (DPR) is -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.