Avon Protection (LON:AVON) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Avon Protection plc (LON:AVON)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,744.15 and traded as high as GBX 1,974. Avon Protection shares last traded at GBX 1,916, with a volume of 64,712 shares.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AVON. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,390 price target on shares of Avon Protection in a research report on Wednesday, July 29th. Peel Hunt reiterated a “buy” rating and set a GBX 2,250 price objective on shares of Avon Protection in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Avon Protection has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,213.33.

Avon Protection Stock Up 0.6%

The firm has a market cap of £567.68 million, a price-to-earnings ratio of 32.39, a price-to-earnings-growth ratio of 1.85 and a beta of 0.23. The company has a current ratio of 3.28, a quick ratio of 0.85 and a debt-to-equity ratio of 48.31. The stock has a 50-day moving average of GBX 1,757.91 and a 200-day moving average of GBX 1,745.43.

Avon Protection Company Profile