AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,800.39 ($23.30) and traded as high as GBX 1,860 ($24.07). AB Dynamics shares last traded at GBX 1,860 ($24.07), with a volume of 21,638 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "buy" rating on shares of AB Dynamics in a report on Tuesday.
Check Out Our Latest Stock Report on AB Dynamics
AB Dynamics Stock Performance
The company has a market cap of £429.77 million, a P/E ratio of 31.51, a price-to-earnings-growth 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. The company's 50-day moving average is GBX 1,803.23 and its two-hundred day moving average is GBX 1,877.47.
AB Dynamics Increases Dividend
The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a GBX 5.30 ($0.07) dividend. This is an increase from AB Dynamics's previous dividend of $2.33. This represents a yield of 0.26%. The ex-dividend date was Thursday, January 16th. AB Dynamics's dividend payout ratio (DPR) is currently 11.83%.
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.
Further Reading
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