AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,740.19 ($23.57) and traded as high as GBX 1,750 ($23.71). AB Dynamics shares last traded at GBX 1,750 ($23.71), with a volume of 14,528 shares changing hands.
Analysts Set New Price Targets
A number of analysts have commented on ABDP shares. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 2,650 ($35.90) price objective on shares of AB Dynamics in a research report on Wednesday, April 23rd. Shore Capital reiterated a "buy" rating on shares of AB Dynamics in a research report on Wednesday, April 23rd.
Read Our Latest Stock Analysis on ABDP
AB Dynamics Price Performance
The stock has a 50-day simple moving average of GBX 1,733.65 and a 200 day simple moving average of GBX 1,830.68. The company has a debt-to-equity ratio of 2.47, a quick ratio of 2.10 and a current ratio of 2.06. The company has a market cap of £399.40 million, a P/E ratio of 29.29, a P/E/G 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 ($0.51) EPS for the quarter. AB Dynamics had a return on equity of 10.55% and a net margin of 13.10%. On average, equities 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.
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