Shares of AB Dynamics plc (LON:ABDP - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,893.29 ($24.46) and traded as low as GBX 1,740 ($22.48). AB Dynamics shares last traded at GBX 1,780 ($23.00), with a volume of 29,491 shares traded.
AB Dynamics Stock Up 1.7 %
The stock has a 50-day moving average of GBX 1,814.54 and a 200-day moving average of GBX 1,891.89. 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 has a market cap of £425.16 million, a PE ratio of 31.18, a P/E/G ratio of 1.74 and a beta of 0.72.
AB Dynamics Increases Dividend
The company also recently declared 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 is an increase from AB Dynamics's previous dividend of $2.33. The ex-dividend date was Thursday, January 16th. This represents a yield of 0.26%. AB Dynamics's dividend payout ratio (DPR) is presently 11.83%.
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 dated Wednesday, December 11th. The stock was sold at an average price of GBX 1,900 ($24.55), for a total transaction of £459,230 ($593,397.08). Company insiders own 28.03% of the company's stock.
AB Dynamics Company Profile
(
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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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