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AB Dynamics (LON:ABDP) Reaches New 52-Week Low - Here's What Happened

AB Dynamics logo with Consumer Cyclical background

AB Dynamics plc (LON:ABDP - Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 1,455 ($19.77) and last traded at GBX 1,460 ($19.84), with a volume of 31829 shares. The stock had previously closed at GBX 1,460 ($19.84).

Analyst Ratings Changes

A number of analysts have commented on the company. Shore Capital reissued a "buy" rating on shares of AB Dynamics in a report on Wednesday, April 23rd. Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,650 ($36.01) price objective on shares of AB Dynamics in a report on Wednesday, April 23rd.

Get Our Latest Report on ABDP

AB Dynamics Price Performance

The stock has a 50 day moving average price of GBX 1,690.20 and a 200-day moving average price of GBX 1,743.79. The stock has a market capitalization of £336.44 million, a P/E ratio of 24.67, a PEG ratio of 1.74 and a beta of 0.72. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.06 and a quick ratio of 2.10.

AB Dynamics (LON:ABDP - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported GBX 37.50 ($0.51) earnings per share (EPS) for the quarter. AB Dynamics had a return on equity of 10.55% and a net margin of 13.10%. As a group, research analysts expect that AB Dynamics plc will post 68.8259109 EPS for the current fiscal year.

Insider Activity

In other AB Dynamics news, insider Sarah Matthews-DeMers bought 1,000 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were bought at an average cost of GBX 1,544 ($20.98) per share, with a total value of £15,440 ($20,978.26). 28.03% of the stock is owned by insiders.

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.

See Also

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