Avon Protection (LON:AVON) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Avon Protection plc (LON:AVON)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,903 and traded as low as GBX 1,778. Avon Protection shares last traded at GBX 1,792.14, with a volume of 72,129 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AVON. Jefferies Financial Group cut 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 report on Monday, January 26th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Avon Protection from GBX 1,640 to GBX 2,000 and gave the company a “hold” rating in a research report on Friday, November 28th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 2,165.

Avon Protection Trading Up 1.5%

The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.85 and a current ratio of 2.27. The stock has a market capitalization of £528.81 million, a P/E ratio of 53.69, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The stock has a 50-day moving average price of GBX 1,818.96 and a two-hundred day moving average price of GBX 1,903.

Insider Buying and Selling at Avon Protection

In other news, insider Rich Cashin sold 12,495 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of GBX 1,799, for a total value of £224,785.05. Also, insider Jos Sclater sold 21,391 shares of the business’s 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 quarter, insiders purchased 51 shares of company stock worth $90,085. 1.96% of the stock is currently owned by company insiders.

About Avon Protection