AB Dynamics (LON:ABDP) Reaches New 1-Year Low – Time to Sell?

by · The Cerbat Gem

Shares of AB Dynamics plc (LON:ABDP – Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 1,530 ($20.05) and last traded at GBX 1,575 ($20.64), with a volume of 50795 shares changing hands. The stock had previously closed at GBX 1,700 ($22.27).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of AB Dynamics in a research note on Tuesday, March 25th.

Get Our Latest Analysis on AB Dynamics

AB Dynamics Stock Down 7.4 %

The firm has a market cap of £362.95 million, a PE ratio of 26.61, a PEG ratio of 1.74 and a beta of 0.72. The stock has a 50 day simple moving average of GBX 1,797.83 and a 200-day simple moving average of GBX 1,872.47. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.06 and a quick ratio of 2.10.

AB Dynamics Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given a dividend of GBX 5.30 ($0.07) per share. This represents a yield of 0.26%. This is an increase from AB Dynamics’s previous dividend of $2.33. The ex-dividend date of this dividend was Thursday, January 16th. AB Dynamics’s dividend payout ratio is 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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