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AB Dynamics (LON:ABDP) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

AB Dynamics logo with Consumer Cyclical background

AB Dynamics plc (LON:ABDP - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,866.70 ($23.52) and traded as high as GBX 2,030 ($25.58). AB Dynamics shares last traded at GBX 1,965 ($24.76), with a volume of 61,994 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of AB Dynamics in a report on Thursday, September 26th.

Read Our Latest Analysis on ABDP

AB Dynamics Price Performance

The stock's 50 day moving average is GBX 1,867 and its two-hundred day moving average is GBX 1,965.18. The stock has a market capitalization of £450.97 million, a PE ratio of 3,330.51, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.20 and a quick ratio of 2.10.

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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