Avon Protection (LON:AVON) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Avon Protection plc (LON:AVON)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.

Analyst Upgrades and Downgrades

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

Avon Protection Price Performance

The stock has a market capitalization of £375 million, a price-to-earnings ratio of -2,717.39, a P/E/G ratio of 1.85 and a beta of 0.35. The company’s 50-day simple moving average is GBX 1,234.14 and its 200-day simple moving average is GBX 1,265. The company has a debt-to-equity ratio of 61.54, a current ratio of 2.47 and a quick ratio of 0.85.

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.