Shares of AB Dynamics plc (LON:ABDP - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1,103 ($14.67) and last traded at GBX 1,590 ($21.15), with a volume of 30260 shares. The stock had previously closed at GBX 1,600 ($21.28).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of AB Dynamics in a research report on Tuesday, March 25th.
Check Out Our Latest Analysis on AB Dynamics
AB Dynamics Price Performance
The stock's 50-day simple moving average is GBX 1,748.84 and its two-hundred day simple moving average is GBX 1,841.27. The company has a market capitalization of £375.62 million, a price-to-earnings ratio of 27.54, a PEG ratio of 1.74 and a beta of 0.72. 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 Increases Dividend
The business also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were paid a GBX 5.30 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This is a positive change from AB Dynamics's previous dividend of $2.33. This represents a yield of 0.26%. AB Dynamics's dividend payout ratio (DPR) is currently 11.83%.
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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