Avon Protection’s (AVON) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Avon Protection (LON:AVON) in a research report sent to investors on Tuesday morning, MarketBeat reports.

Avon Protection Stock Up 1.8 %

Shares of LON AVON opened at GBX 1,356 ($17.23) on Tuesday. The stock has a 50 day moving average price of GBX 1,177.24 and a 200 day moving average price of GBX 989.12. The firm has a market capitalization of £406.80 million, a price-to-earnings ratio of -3,081.82, a PEG ratio of 1.85 and a beta of 0.33. Avon Protection has a 52-week low of GBX 582 ($7.40) and a 52-week high of GBX 1,408 ($17.90). The company has a debt-to-equity ratio of 61.86, a quick ratio of 0.85 and a current ratio of 3.15.

Avon Protection Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be issued a $0.07 dividend. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 0.43%. Avon Protection’s payout ratio is currently -5,227.27%.

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.