AB Dynamics plc (LON:ABDP - Get Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 1,305 ($17.40) and last traded at GBX 1,310 ($17.46), with a volume of 54657 shares. The stock had previously closed at GBX 1,350 ($18.00).
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "buy" rating and set a GBX 2,100 target price on shares of AB Dynamics in a research note on Tuesday, September 23rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat, AB Dynamics has a consensus rating of "Buy" and an average target price of GBX 2,375.
Get Our Latest Stock Analysis on AB Dynamics
AB Dynamics Stock Performance
The company has a current ratio of 2.06, a quick ratio of 2.10 and a debt-to-equity ratio of 2.47. The firm has a 50-day simple moving average of GBX 1,399.76 and a two-hundred day simple moving average of GBX 1,564.46. The company has a market capitalization of £299.69 million, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72.
About AB Dynamics
(
Get Free Report)
AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.
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