AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,412.03 ($19.04) and traded as low as GBX 1,405 ($18.94). AB Dynamics shares last traded at GBX 1,435 ($19.34), with a volume of 14,579 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating and issued a GBX 2,100 price objective on shares of AB Dynamics in a research note on Tuesday, September 23rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of GBX 2,375.
Check Out Our Latest Analysis on AB Dynamics
AB Dynamics Trading Down 0.8%
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 stock has a fifty day moving average of GBX 1,412.03 and a 200-day moving average of GBX 1,609.08. The company has a market cap of £325.72 million, a PE ratio of 3,122.37, a PEG ratio of 1.74 and a beta of 0.72.
Insider Buying and Selling at AB Dynamics
In other news, insider Sarah Matthews-DeMers acquired 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was purchased at an average cost of GBX 1,544 per share, for a total transaction of £15,440. 27.82% of the stock is 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.
Further Reading
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