Avon Protection (LON:AVON) Sets New 1-Year High – Here’s Why

Avon Protection plc (LON:AVON)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 1,554 ($19.59) and last traded at GBX 1,532.52 ($19.32), with a volume of 58237 shares traded. The stock had previously closed at GBX 1,430 ($18.03).

Analysts Set New Price Targets

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

Avon Protection Trading Up 7.6 %

The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.85 and a current ratio of 2.27. The firm has a 50-day moving average of GBX 1,474.35 and a 200-day moving average of GBX 1,345.62. The firm has a market capitalization of £575.53 million, a P/E ratio of -53.04, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35.

Avon Protection Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 7th. Stockholders 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 is Thursday, February 6th. This represents a dividend yield of 0.97%. Avon Protection’s dividend payout ratio (DPR) is currently -62.08%.

About Avon Protection

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.