Shore Capital reiterated their buy rating on shares of AB Dynamics (LON:ABDP - Free Report) in a report published on Tuesday morning, MarketBeat Ratings reports.
AB Dynamics Trading Down 1.3 %
AB Dynamics stock traded down GBX 25 ($0.32) during trading hours on Tuesday, reaching GBX 1,865 ($24.14). 21,168 shares of the company's stock were exchanged, compared to its average volume of 53,340. The firm's 50 day simple moving average is GBX 1,804.13 and its 200 day simple moving average is GBX 1,876.47. AB Dynamics has a twelve month low of GBX 1,625 ($21.03) and a twelve month high of GBX 2,462 ($31.87). 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 firm has a market capitalization of £429.77 million, a PE ratio of 31.51, a PEG ratio of 1.74 and a beta of 0.72.
AB Dynamics Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given a GBX 5.30 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 0.26%. This is an increase from AB Dynamics's previous dividend of $2.33. AB Dynamics's dividend payout ratio (DPR) is presently 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.
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