Shares of AB Dynamics plc (LON:ABDP - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,751.39 ($23.58) and traded as high as GBX 1,795 ($24.17). AB Dynamics shares last traded at GBX 1,770 ($23.84), with a volume of 13,497 shares.
Wall Street Analysts Forecast Growth
ABDP has been the subject of several recent analyst reports. Canaccord Genuity Group restated a "buy" rating and issued a GBX 2,650 ($35.69) price target on shares of AB Dynamics in a report on Wednesday, April 23rd. Shore Capital reissued a "buy" rating on shares of AB Dynamics in a research note on Wednesday, April 23rd.
View Our Latest Research Report on ABDP
AB Dynamics Trading Down 0.6%
The firm has a market capitalization of £389.45 million, a price-to-earnings ratio of 28.56, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The business's fifty day moving average is GBX 1,761.39 and its 200 day moving average is GBX 1,808.50. The company has a quick ratio of 2.10, a current ratio of 2.06 and a debt-to-equity ratio of 2.47.
AB Dynamics (LON:ABDP - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported GBX 37.50 ($0.50) earnings per share (EPS) for the quarter. AB Dynamics had a return on equity of 10.55% and a net margin of 13.10%. Equities analysts predict that AB Dynamics plc will post 68.8259109 earnings per share for the current year.
About AB Dynamics
(
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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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