Avon Protection plc (LON:AVON) Insider Purchases £157.43 in Stock

Avon Protection plc (LON:AVON) insider Miles Ingrey-Counter bought 13 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were acquired at an average cost of GBX 1,211 ($15.48) per share, with a total value of £157.43 ($201.19).

Miles Ingrey-Counter also recently made the following trade(s):

• On Friday, July 5th, Miles Ingrey-Counter acquired 11 shares of Avon Protection stock. The stock was purchased at an average cost of GBX 1,283 ($16.40) per share, with a total value of £141.13 ($180.36).

Avon Protection Stock Performance

LON:AVON opened at GBX 1,248 ($15.95) on Friday. The business has a 50 day moving average of GBX 1,295.80 and a 200 day moving average of GBX 1,161.33. The company has a market capitalization of £374.40 million, a price-to-earnings ratio of -2,902.33, a PEG ratio of 1.85 and a beta of 0.30. Avon Protection plc has a 1-year low of GBX 582 ($7.44) and a 1-year high of GBX 1,408 ($17.99). The company has a debt-to-equity ratio of 61.86, a current ratio of 3.15 and a quick ratio of 0.85.

Avon Protection Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be given a $0.07 dividend. The ex-dividend date is Thursday, August 8th. This represents a yield of 0.43%. Avon Protection’s payout ratio is -5,348.84%.

Analysts Set New Price Targets

A number of research analysts have weighed in on AVON shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,295 ($16.55) target price on shares of Avon Protection in a report on Tuesday, May 21st. Shore Capital reiterated a “hold” rating on shares of Avon Protection in a research report on Thursday, July 25th.

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.