Avon Protection plc (LON:AVON - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,570 ($21.25) and last traded at GBX 1,552 ($21.01), with a volume of 27081 shares changing hands. The stock had previously closed at GBX 1,550 ($20.98).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "hold" rating on shares of Avon Protection in a report on Wednesday.
Check Out Our Latest Report on Avon Protection
Avon Protection Trading Up 2.8%
The firm has a fifty day simple moving average of GBX 1,435.51 and a two-hundred day simple moving average of GBX 1,430.88. The firm has a market capitalization of £634.65 million, a P/E ratio of -58.49, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 47.69, a current ratio of 2.27 and a quick ratio of 0.85.
Avon Protection Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were issued a dividend of $0.16 per share. This represents a yield of 0.97%. This is a positive change from Avon Protection's previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, February 6th. Avon Protection's dividend payout ratio is -62.08%.
Insider Buying and Selling at Avon Protection
In other news, insider Rich Cashin sold 7,827 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of GBX 1,421 ($19.24), for a total value of £111,221.67 ($150,564.06). Over the last ninety days, insiders bought 32 shares of company stock valued at $45,463. Company insiders own 5.10% of the company's stock.
About Avon Protection
(
Get Free Report)
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.
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