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

Avon Protection plc (LON:AVON)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-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.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut their price target on shares of Avon Protection from GBX 2,400 to GBX 2,330 and set a “buy” rating on the stock in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Avon Protection has an average rating of “Hold” and an average price target of GBX 2,165.

Avon Protection Stock Up 0.8%

The firm’s 50-day simple moving average is GBX 1,771.37 and its 200 day simple moving average is GBX 1,816.90. The company has a debt-to-equity ratio of 48.83, a quick ratio of 0.85 and a current ratio of 2.39. The stock has a market capitalization of £507.70 million, a P/E ratio of 51.55, a PEG ratio of 1.85 and a beta of 0.21.

Avon Protection Company Profile