AB Dynamics plc (LON:ABDP - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,874.76 ($24.17) and traded as low as GBX 1,710 ($22.04). AB Dynamics shares last traded at GBX 1,720 ($22.17), with a volume of 33,119 shares.
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of AB Dynamics in a report on Tuesday, March 25th.
Get Our Latest Stock Analysis on ABDP
AB Dynamics Price Performance
The company has a debt-to-equity ratio of 2.47, a current ratio of 2.06 and a quick ratio of 2.10. The business's fifty day moving average price is GBX 1,793.43 and its 200-day moving average price is GBX 1,871.02. The stock has a market capitalization of £362.95 million, a price-to-earnings ratio of 26.61, a PEG ratio of 1.74 and a beta of 0.72.
AB Dynamics Increases Dividend
The company also recently disclosed 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 represents a yield of 0.26%. This is an increase from AB Dynamics's previous dividend of $2.33. The ex-dividend date was Thursday, January 16th. AB Dynamics's dividend payout ratio is presently 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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