AB Dynamics (LON:ABDP) Shares Pass Below 200 Day Moving Average - Should You Sell?

AB Dynamics logo with Consumer Cyclical background

AB Dynamics plc (LON:ABDP - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,923.79 ($23.92) and traded as low as GBX 1,745 ($21.70). AB Dynamics shares last traded at GBX 1,770 ($22.01), with a volume of 25,541 shares traded.

AB Dynamics Stock Down 2.0 %

The stock has a market capitalization of £398.18 million, a P/E ratio of 2,940.68, a PEG ratio of 1.74 and a beta of 0.72. The stock has a 50 day moving average price of GBX 1,910.02 and a 200-day moving average price of GBX 1,921.39. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.20 and a quick ratio of 2.10.

AB Dynamics (LON:ABDP - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 71 ($0.88) earnings per share for the quarter. AB Dynamics had a return on equity of 11.28% and a net margin of 13.13%. As a group, research analysts expect that AB Dynamics plc will post 68.8259109 EPS for the current fiscal year.

AB Dynamics Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were given a GBX 5.30 ($0.07) dividend. This represents a dividend yield of 0.26%. This is a boost from AB Dynamics's previous dividend of $2.33. The ex-dividend date of this dividend was Thursday, January 16th. AB Dynamics's dividend payout ratio (DPR) is currently 1,186.44%.

Insider Buying and Selling at AB Dynamics

In other AB Dynamics news, insider James Routh sold 24,170 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.63), for a total transaction of £459,230 ($571,110.56). Insiders own 28.03% of the company's stock.

AB Dynamics Company Profile

(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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