Avon Protection (LON:AVON) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• Price action: Avon Protection shares fell below their 200‑day moving average (GBX 1,881.41), trading as low as GBX 1,630 and last at GBX 1,708 on a volume of 436,663 shares.
• Analyst view: The consensus is an average "Hold" with a mean target of GBX 2,165; Jefferies maintains a "Buy" at GBX 2,330 while Deutsche Bank has a GBX 2,000 target with a "Hold" rating.
• Insider and valuation signal: Insider Jos Sclater sold 21,391 shares at GBX 1,997 (~£427k) and insiders own about 1.96%, while the stock has a market cap of £500.7m and a P/E of 50.8, implying a relatively rich valuation.

Avon Protection plc (LON:AVON - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,881.41 and traded as low as GBX 1,630. Avon Protection shares last traded at GBX 1,708, with a volume of 436,663 shares trading hands.

Analyst Ratings Changes

A number of research firms have weighed in on AVON. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Avon Protection from GBX 1,640 to GBX 2,000 and gave the stock a "hold" rating in a research note on Friday, November 28th. Jefferies Financial Group lowered their target price on shares of 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 analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of GBX 2,165.

Avon Protection Stock Down 0.1%

The business has a 50-day simple moving average of GBX 1,822.91 and a two-hundred day simple moving average of GBX 1,881.41. The stock has a market capitalization of £500.67 million, a P/E ratio of 50.83, a PEG ratio of 1.85 and a beta of 0.13. The company has a quick ratio of 0.85, a current ratio of 2.39 and a debt-to-equity ratio of 48.83.

Insider Activity at Avon Protection

In related news, insider Jos Sclater sold 21,391 shares of the stock in a transaction dated Monday, January 19th. The shares were sold at an average price of GBX 1,997, for a total transaction of £427,178.27. In the last 90 days, insiders have acquired 50 shares of company stock valued at $88,936. 1.96% of the stock is currently owned by insiders.

About Avon Protection

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