Avon Protection’s (AVON) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their hold rating on shares of Avon Protection (LON:AVON) in a report issued on Thursday morning, Marketbeat reports.

Avon Protection Stock Performance

AVON opened at GBX 1,476 ($19.10) on Thursday. The company’s 50 day moving average is GBX 1,456.28 and its 200 day moving average is GBX 1,372.96. The company has a current ratio of 2.27, a quick ratio of 0.85 and a debt-to-equity ratio of 47.69. The company has a market cap of £552.33 million, a price-to-earnings ratio of -50.90, a PEG ratio of 1.85 and a beta of 0.35. Avon Protection has a 12-month low of GBX 1,040 ($13.46) and a 12-month high of GBX 1,558 ($20.17).

Avon Protection Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Stockholders of record on Thursday, February 6th were paid a $0.16 dividend. This represents a dividend yield of 0.97%. This is a positive change from Avon Protection’s previous dividend of $0.07. The ex-dividend date was Thursday, February 6th. Avon Protection’s dividend payout ratio is -62.08%.

Insider Buying and Selling

In related news, insider Rich Cashin sold 7,827 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of GBX 1,421 ($18.39), for a total value of £111,221.67 ($143,957.64). In the last three months, insiders have purchased 30 shares of company stock valued at $44,520. 5.10% of the stock is owned by company insiders.

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.