Insider Buying: Avon Protection plc (LON:AVON) Insider Purchases 6 Shares of Stock

Key Points

• Rich Cashin, an insider at Avon Protection plc, purchased 6 shares at an average price of GBX 2,214 ($29.58) for a total of £132.84 ($177.45) on August 5th.
• The stock price decreased by GBX 50 ($0.67) to GBX 2,130 ($28.45) during recent trading, with a market capitalization of £797.06 million.
• Shore Capital has restated a "hold" rating on Avon Protection's shares, reflecting a cautious outlook on the company's performance.

Avon Protection plc (LON:AVON - Get Free Report) insider Rich Cashin acquired 6 shares of the company's stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average cost of GBX 2,214 ($29.78) per share, for a total transaction of £132.84 ($178.67).

Rich Cashin also recently made the following trade(s):

• On Thursday, June 5th, Rich Cashin acquired 8 shares of Avon Protection stock. The stock was acquired at an average cost of GBX 1,801 ($24.22) per share, for a total transaction of £144.08 ($193.79).

Avon Protection Stock Performance

LON AVON traded up GBX 9.66 ($0.13) during mid-day trading on Friday, reaching GBX 2,139.66 ($28.78). 79,726 shares of the stock were exchanged, compared to its average volume of 109,084. The business's 50 day moving average is GBX 1,960.90 and its 200-day moving average is GBX 1,634.36. Avon Protection plc has a 1 year low of GBX 1,180 ($15.87) and a 1 year high of GBX 2,230 ($29.99). The company has a market capitalization of £800.67 million, a P/E ratio of -73.79, a P/E/G 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.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "hold" rating on shares of Avon Protection in a report on Wednesday, May 21st.

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.