AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,720.40 ($23.09) and traded as low as GBX 1,495 ($20.07). AB Dynamics shares last traded at GBX 1,505 ($20.20), with a volume of 26,361 shares.
Wall Street Analyst Weigh In
ABDP has been the topic of several research reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,650 ($35.57) price objective on shares of AB Dynamics in a research note 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 Price 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 firm's fifty day moving average price is GBX 1,713.30 and its two-hundred day moving average price is GBX 1,752.11. The stock has a market capitalization of £344.51 million, a PE ratio of 25.26, a PEG ratio of 1.74 and a beta of 0.72.
AB Dynamics (LON:ABDP - Get Free Report) last announced its 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 net margin of 13.10% and a return on equity of 10.55%. On average, equities analysts predict that AB Dynamics plc will post 68.8259109 earnings per share for the current year.
Insider Buying and Selling at AB Dynamics
In related news, insider Sarah Matthews-DeMers bought 1,000 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The stock was purchased at an average price of GBX 1,544 ($20.72) per share, for a total transaction of £15,440 ($20,724.83). 28.03% of the stock is currently 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.
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