Avon Protection (LON:AVON) Reaches New 12-Month High – What’s Next?

Avon Protection plc (LON:AVON) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 1,550 ($18.96) and last traded at GBX 1,508 ($18.45), with a volume of 43700 shares traded. The stock had previously closed at GBX 1,522 ($18.62).

Analyst Upgrades and Downgrades

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

Avon Protection Stock Down 0.9 %

The firm has a market capitalization of £452.40 million, a price-to-earnings ratio of -3,278.26, a PEG ratio of 1.85 and a beta of 0.35. The company has a current ratio of 2.47, a quick ratio of 0.85 and a debt-to-equity ratio of 61.54. The stock has a fifty day moving average of GBX 1,398.93 and a 200-day moving average of GBX 1,303.51.

Avon Protection Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 0.97%. This is a boost from Avon Protection’s previous dividend of $0.07. Avon Protection’s dividend payout ratio (DPR) is currently -3,913.04%.

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.