Shares of AB Dynamics plc (LON:ABDP - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,733.69 ($23.03) and traded as high as GBX 1,760 ($23.38). AB Dynamics shares last traded at GBX 1,738.12 ($23.09), with a volume of 32,574 shares trading hands.
Wall Street Analysts Forecast Growth
ABDP has been the topic of several analyst reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,650 ($35.21) target price on shares of AB Dynamics in a research report on Wednesday, April 23rd. Shore Capital reissued a "buy" rating on shares of AB Dynamics in a research note on Wednesday, April 23rd.
Get Our Latest Stock Analysis on ABDP
AB Dynamics Stock Performance
The company has a quick ratio of 2.10, a current ratio of 2.06 and a debt-to-equity ratio of 2.47. The business has a 50 day moving average price of GBX 1,733.69 and a 200 day moving average price of GBX 1,833.98. The stock has a market cap of £425.16 million, a P/E ratio of 31.18, a PEG ratio of 1.74 and a beta of 0.72.
AB Dynamics (LON:ABDP - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported GBX 37.50 ($0.50) EPS for the quarter. AB Dynamics had a return on equity of 10.55% and a net margin of 13.10%. As a group, sell-side analysts expect that AB Dynamics plc will post 68.8259109 EPS for the current year.
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.
Further Reading
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