AB Dynamics (LON:ABDP) Insider Sarah Matthews-DeMers Acquires 2,000 Shares

Key Points

• Insider purchase: AB Dynamics insider Sarah Matthews-DeMers bought 2,000 shares on April 14 at an average price of GBX 1,151 per share, a £23,020 transaction.
• Shares traded down 1.4% to GBX 1,124 with volume 54,176 (below the 83,870 average); the stock is trading below its 50‑day (GBX 1,191.83) and 200‑day (GBX 1,268.59) moving averages and has a market cap of £257.3m.
• Analyst view: Four analysts rate the stock Buy and one rates it Hold, producing an average "Moderate Buy" consensus and an average price target of GBX 2,116 (Jefferies: GBX 1,370; Shore Capital reaffirmed Buy).

AB Dynamics plc (LON:ABDP - Get Free Report) insider Sarah Matthews-DeMers bought 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 14th. The stock was purchased at an average cost of GBX 1,151 per share, for a total transaction of £23,020.

AB Dynamics Trading Down 1.4%

Shares of LON ABDP traded down GBX 16 during mid-day trading on Tuesday, hitting GBX 1,124. The stock had a trading volume of 54,176 shares, compared to its average volume of 83,870. The company has a debt-to-equity ratio of 2.36, a quick ratio of 2.10 and a current ratio of 2.21. AB Dynamics plc has a 1 year low of GBX 1,000 and a 1 year high of GBX 1,900. The business has a 50 day moving average price of GBX 1,191.83 and a two-hundred day moving average price of GBX 1,268.59. The firm has a market cap of £257.28 million, a P/E ratio of 21.83, a price-to-earnings-growth ratio of 1.74 and a beta of 0.26.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Shore Capital Group reaffirmed a "buy" rating on shares of AB Dynamics in a research note on Thursday, March 12th. Jefferies Financial Group reissued a "hold" rating and set a GBX 1,370 price objective on shares of AB Dynamics in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, AB Dynamics has an average rating of "Moderate Buy" and an average price target of GBX 2,116.

About AB Dynamics

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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