Avon Protection (LON:AVON) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Technical signal: Shares of Avon Protection crossed below their 200‑day moving average (GBX 1,816.90), trading as low as GBX 1,704 and last at GBX 1,712.14 on a volume of 38,530.
• Analyst action and consensus: Jefferies cut its price target from GBX 2,400 to GBX 2,330 while keeping a "buy" rating; overall there is one Buy and two Hold ratings with an average price target of GBX 2,165 and a MarketBeat consensus of "Hold".
• Valuation and balance-sheet metrics: The company has a market cap of £507.7M, P/E of 51.55, PEG of 1.85 and a beta of 0.21, with a current ratio of 2.39, quick ratio of 0.85 and debt‑to‑equity of 48.83.

Shares of Avon Protection plc (LON:AVON - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,816.90 and traded as low as GBX 1,704. Avon Protection shares last traded at GBX 1,712.14, with a volume of 38,530 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group decreased their price target on shares of Avon Protection from GBX 2,400 to GBX 2,330 and set a "buy" rating for the company in a report on Monday, January 26th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of GBX 2,165.

Avon Protection Stock Performance

The stock's 50 day moving average is GBX 1,771.37 and its two-hundred day moving average is GBX 1,816.90. The company has a current ratio of 2.39, a quick ratio of 0.85 and a debt-to-equity ratio of 48.83. The stock has a market capitalization of £507.70 million, a price-to-earnings ratio of 51.55, a price-to-earnings-growth ratio of 1.85 and a beta of 0.21.

Avon Protection Company Profile

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