AB Dynamics plc (LON:ABDP - Get Free Report)'s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 1,530 ($19.55) and last traded at GBX 1,575 ($20.13), with a volume of 50795 shares. The stock had previously closed at GBX 1,700 ($21.72).
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of AB Dynamics in a report on Tuesday, March 25th.
View Our Latest Research Report on ABDP
AB Dynamics Trading Up 2.3 %
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 company's 50 day moving average price is GBX 1,771.94 and its two-hundred day moving average price is GBX 1,857.52. The firm has a market cap of £356.03 million, a PE ratio of 26.11, a P/E/G ratio of 1.74 and a beta of 0.72.
AB Dynamics Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a dividend of GBX 5.30 ($0.07) per share. This represents a dividend yield of 0.26%. The ex-dividend date was Thursday, January 16th. This is a positive change from AB Dynamics's previous dividend of $2.33. AB Dynamics's payout ratio is 11.83%.
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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