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

Avon Protection plc (LON:AVONGet Free Report) crossed 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AVON. Deutsche Bank Aktiengesellschaft increased their target price on shares of Avon Protection from GBX 1,640 to GBX 2,000 and gave the company a “hold” rating in a research report on Friday, November 28th. Jefferies Financial Group dropped their price target on Avon Protection from GBX 2,400 to GBX 2,330 and set a “buy” rating on the stock in a research note on Monday, January 26th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 2,165.

Check Out Our Latest Research Report on Avon Protection

Avon Protection Stock Down 1.5%

The company has a market capitalization of £538.09 million, a price-to-earnings ratio of 54.63, a PEG ratio of 1.85 and a beta of 0.13. 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 firm’s 50 day simple moving average is GBX 1,826.95 and its 200-day simple moving average is GBX 1,892.33.

Insider Activity

In related news, insider Jos Sclater sold 21,391 shares of the firm’s stock in a transaction dated Monday, January 19th. The shares were sold at an average price of GBX 1,997, for a total value 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. Insiders have purchased 51 shares of company stock valued at $90,085 over the last three months. 1.96% of the stock is currently owned by corporate insiders.

Avon Protection Company Profile

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