Avon Protection (LON:AVON) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Avon Protection plc (LON:AVON) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,257.15 ($16.32) and traded as low as GBX 1,245 ($16.16). Avon Protection shares last traded at GBX 1,248 ($16.20), with a volume of 20,813 shares traded.

Wall Street Analysts Forecast Growth

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

Avon Protection Price Performance

The company has a fifty day moving average price of GBX 1,233.06 and a two-hundred day moving average price of GBX 1,257.15. The company has a current ratio of 2.47, a quick ratio of 0.85 and a debt-to-equity ratio of 61.54. The company has a market cap of £374.40 million, a price-to-earnings ratio of -2,713.04, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35.

About Avon Protection

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.