Avon Rubber plc (LON:AVON) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as low as $1,560.70. Avon Rubber shares last traded at $1,590.00, with a volume of 9,760 shares traded.
Separately, Peel Hunt raised their target price on shares of Avon Rubber from GBX 1,600 ($20.91) to GBX 1,700 ($22.21) and gave the stock a “buy” rating in a report on Wednesday, August 7th.
The company’s fifty day moving average is GBX 1,373.57. The firm has a market capitalization of $491.75 million and a P/E ratio of 35.15. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.79 and a current ratio of 2.49.
Avon Rubber p.l.c. designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It operates in two segments, Avon Protection and milkrite | InterPuls. The company offers masks and filters with portfolio of respirators, filters, powered, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories.
Read More: Quiet Period
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