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

Key Points

• Avon Protection's stock price has surpassed its 200-day moving average, reaching a high of GBX 1,954 ($26.38) before closing at GBX 1,906 ($25.74).
• The company has a market capitalization of £564.90 million and a P/E ratio of 9,033.18, indicating unique stock performance characteristics.
• Shore Capital has maintained a "hold" rating on Avon Protection, contributing to an overall average rating of "Hold" from analysts.

Avon Protection plc (LON:AVON - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,687.88 ($22.69) and traded as high as GBX 1,954 ($26.26). Avon Protection shares last traded at GBX 1,906 ($25.62), with a volume of 235,488 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "hold" rating on shares of Avon Protection in a research report on Wednesday, May 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Avon Protection has a consensus rating of "Hold".

Avon Protection Stock Down 0.3%

The business has a 50-day simple moving average of GBX 2,033.58 and a two-hundred day simple moving average of GBX 1,697.77. The company has a quick ratio of 0.85, a current ratio of 2.27 and a debt-to-equity ratio of 47.69. The stock has a market capitalization of £570.83 million, a P/E ratio of 9,127.96, a PEG ratio of 1.85 and a beta of 0.35.

Avon Protection Company Profile

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.