Avon Protection (LON:AVON) Stock Passes Below 200-Day Moving Average – What’s Next?

Avon Protection plc (LON:AVON)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,264.44 ($15.93) and traded as low as GBX 1,230.38 ($15.51). Avon Protection shares last traded at GBX 1,250 ($15.75), with a volume of 19,681 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of Avon Protection in a research report on Thursday, July 25th.

Avon Protection Price Performance

The stock has a market capitalization of £375 million, a PE ratio of -2,717.39, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 61.54, a quick ratio of 0.85 and a current ratio of 2.47. The company’s fifty day simple moving average is GBX 1,233.54 and its two-hundred day simple moving average is GBX 1,264.44.

Avon Protection Company Profile

Avon Protection plc provides respiratory, chemical, biological, radiological, and nuclear and head protection solutions for military and first responder agencies in the United Kingdom, Europe, and the United States. The company offers respiratory products, including respirators, filters, powered and supplied air, escape hoods, underwater systems, and thermal image camera, and CBRN protective wear, as well as spares and accessories.