Avon Protection (LON:AVON) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Avon Protection plc (LON:AVON) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,746.39 and traded as high as GBX 1,842. Avon Protection shares last traded at GBX 1,805.52, with a volume of 202,803 shares traded.

Wall Street Analyst Weigh In

AVON has been the topic of several research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,250 price objective on shares of Avon Protection in a report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,390 target price on shares of Avon Protection in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 2,213.33.

Avon Protection Price Performance

The company’s fifty day moving average price is GBX 1,774.49 and its two-hundred day moving average price is GBX 1,746.39. The company has a market cap of £531.76 million, a price-to-earnings ratio of 30.34, a PEG ratio of 1.85 and a beta of 0.23. The company has a quick ratio of 0.85, a current ratio of 3.28 and a debt-to-equity ratio of 48.31.

Avon Protection Company Profile