AB Dynamics (LON:ABDP) Share Price Crosses Below 200-Day Moving Average - Here's Why

Key Points

• AB Dynamics' stock fell below its 200-day moving average (200‑day MA GBX 1,231.32), trading as low as GBX 982.40 and last at GBX 1,006 on volume of 200,939, signaling recent technical weakness.
• Analysts maintain a "Moderate Buy" consensus (three Buys, one Hold) with a consensus price target of GBX 1,982.50, substantially above the current share price.
• Fundamentals show a recent quarterly loss (GBX -53 EPS), negative net margin (-5.02%) and negative ROE, while an insider purchased 2,000 shares at GBX 1,151 and insiders own 27.86% of the stock.

AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,231.32 and traded as low as GBX 982.40. AB Dynamics shares last traded at GBX 1,006, with a volume of 200,939 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ABDP shares. Jefferies Financial Group restated a "hold" rating and issued a GBX 1,370 target price on shares of AB Dynamics in a research report on Tuesday, April 14th. Shore Capital Group restated a "buy" rating on shares of AB Dynamics in a research report on Thursday, March 12th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, AB Dynamics presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,982.50.

AB Dynamics Price Performance

The company has a debt-to-equity ratio of 2.85, a current ratio of 1.96 and a quick ratio of 2.10. The stock has a market cap of £230.04 million, a price-to-earnings ratio of -42.95, a price-to-earnings-growth ratio of 1.74 and a beta of 0.40. The business's 50-day simple moving average is GBX 1,126.79 and its two-hundred day simple moving average is GBX 1,231.32.

AB Dynamics (LON:ABDP - Get Free Report) last issued its earnings results on Tuesday, April 14th. The company reported GBX (53) earnings per share for the quarter. AB Dynamics had a negative net margin of 5.02% and a negative return on equity of 3.98%. The company had revenue of GBX 4,880 million during the quarter. Research analysts expect that AB Dynamics plc will post 68.8259109 earnings per share for the current year.

Insiders Place Their Bets

In other AB Dynamics news, insider Sarah Matthews-DeMers purchased 2,000 shares of the business's stock in a transaction dated Tuesday, April 14th. The shares were bought at an average price of GBX 1,151 per share, for a total transaction of £23,020. 27.86% of the stock is owned by corporate insiders.

AB Dynamics Company Profile

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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