Avon Protection (LON:AVON) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened
by Amy Steele · The Cerbat GemAvon Protection plc (LON:AVON – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,953.11 and traded as low as GBX 1,805.34. Avon Protection shares last traded at GBX 1,826, with a volume of 12,313 shares traded.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft upped their price target on Avon Protection from GBX 1,640 to GBX 2,000 and gave the company a “hold” rating in a research report on Friday, November 28th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of GBX 2,000.
Check Out Our Latest Stock Analysis on Avon Protection
Avon Protection Price Performance
The business’s 50 day moving average is GBX 1,847.73 and its two-hundred day moving average is GBX 1,952.14. The firm has a market cap of £531.74 million, a P/E ratio of 53.99, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a quick ratio of 0.85, a current ratio of 2.27 and a debt-to-equity ratio of 47.69.
Insiders Place Their Bets
In other news, insider Rich Cashin sold 12,495 shares of Avon Protection stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of GBX 1,799, for a total value of £224,785.05. In the last three months, insiders bought 33 shares of company stock worth $61,421. Company insiders own 1.83% of the company’s stock.