Avon Protection (LON:AVON) Insider Acquires £154.48 in Stock

Key Points

• Avon Protection insider Jos Sclater purchased 8 shares at an average price of GBX 1,931 per share, totaling £154.48.
• Avon Protection's stock saw a modest increase of 0.6%, closing at GBX 1,930.18 following the insider transaction.
• Shore Capital maintained a "hold" rating on Avon Protection shares, reflecting uncertainty in the stock's performance.

Avon Protection plc (LON:AVON - Get Free Report) insider Jos Sclater purchased 8 shares of the business's stock in a transaction dated Friday, September 5th. The shares were purchased at an average price of GBX 1,931 per share, with a total value of £154.48.

Jos Sclater also recently made the following trade(s):

• On Tuesday, August 5th, Jos Sclater purchased 7 shares of Avon Protection stock. The shares were purchased at an average price of GBX 2,214 per share, with a total value of £154.98.

Avon Protection Trading Up 1.0%

Shares of LON AVON traded up GBX 20.78 during midday trading on Friday, reaching GBX 2,115.78. 94,317 shares of the stock were exchanged, compared to its average volume of 121,785. The company has a 50 day simple moving average of GBX 2,039.76 and a 200 day simple moving average of GBX 1,722.71. The stock has a market capitalization of £627.07 million, a P/E ratio of 10,027.38, a PEG ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.85 and a current ratio of 2.27. Avon Protection plc has a twelve month low of GBX 1,180 and a twelve month high of GBX 2,230.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "hold" rating on shares of Avon Protection in a report on Wednesday, May 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold".

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.