Avon Protection (LON:AVON) Stock Breaks Above Two Hundred Day Moving Average – What’s Next?

Shares of Avon Protection plc (LON:AVON) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 1,748.99 and traded as high as GBX 1,916. Avon Protection shares last traded at GBX 1,842, with a volume of 1,754,733 shares traded.

Analyst Ratings Changes

Several equities research analysts have commented on AVON shares. Peel Hunt reiterated a “buy” rating and issued a GBX 2,250 price target on shares of Avon Protection in a research report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,390 price target on shares of Avon Protection in a report on Wednesday, September 2nd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,213.33.

Avon Protection Price Performance

The company has a current ratio of 3.28, a quick ratio of 0.85 and a debt-to-equity ratio of 48.31. The firm has a market capitalization of £554.29 million, a P/E ratio of 31.63, a P/E/G ratio of 1.85 and a beta of 0.24. The company has a 50 day moving average of GBX 1,819.95 and a 200-day moving average of GBX 1,749.92.

About Avon Protection