Avon Protection (LON:AVON) Stock Crosses Above 200-Day Moving Average – What’s Next?

Avon Protection plc (LON:AVON)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,892.98 and traded as high as GBX 1,918. Avon Protection shares last traded at GBX 1,868, with a volume of 716,740 shares changing hands.

Analyst Ratings Changes

AVON has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Avon Protection from GBX 1,640 to GBX 2,000 and gave the stock a “hold” rating in a research note on Friday, November 28th. Jefferies Financial Group cut their target price on Avon Protection from GBX 2,400 to GBX 2,330 and set a “buy” rating on the stock in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 2,165.

Avon Protection Stock Performance

The company has a current ratio of 2.39, a quick ratio of 0.85 and a debt-to-equity ratio of 48.83. The stock has a market cap of £544.64 million, a price-to-earnings ratio of 55.30, a PEG ratio of 1.85 and a beta of 0.13. The stock’s 50 day moving average is GBX 1,825.10 and its two-hundred day moving average is GBX 1,892.98.

Insider Transactions at Avon Protection

In other Avon Protection news, insider Jos Sclater sold 21,391 shares of the stock in a transaction that occurred on Monday, January 19th. The stock was sold at an average price of GBX 1,997, for a total transaction of £427,178.27. Also, insider Rich Cashin sold 12,495 shares of Avon Protection stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of GBX 1,799, for a total value of £224,785.05. In the last three months, insiders have purchased 51 shares of company stock worth $90,085. Corporate insiders own 1.96% of the company’s stock.

Avon Protection Company Profile