Avon Protection (LON:AVON) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Avon Protection plc (LON:AVON)’s share price passed 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 ($17.61) and traded as high as GBX 1,472 ($19.01). Avon Protection shares last traded at GBX 1,390 ($17.95), with a volume of 21,413 shares.

Avon Protection Stock Performance

The company has a market capitalization of £509.67 million, a price-to-earnings ratio of -46.97, a PEG ratio of 1.85 and a beta of 0.35. The company’s 50-day moving average price is GBX 1,466.84 and its two-hundred day moving average price is GBX 1,364.44. The company has a debt-to-equity ratio of 47.69, a current ratio of 2.27 and a quick ratio of 0.85.

Avon Protection Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were issued a dividend of $0.16 per share. This is an increase from Avon Protection’s previous dividend of $0.07. The ex-dividend date was Thursday, February 6th. This represents a yield of 0.97%. Avon Protection’s dividend payout ratio is presently -62.08%.

Insiders Place Their Bets

In other Avon Protection news, insider Rich Cashin sold 7,827 shares of the firm’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of GBX 1,421 ($18.35), for a total value of £111,221.67 ($143,604.48). In the last ninety days, insiders purchased 30 shares of company stock valued at $44,520. Corporate insiders own 5.10% of the company’s stock.

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.