AB Dynamics (LON:ABDP) Issues Earnings Results

AB Dynamics (LON:ABDP) posted its quarterly earnings results on Tuesday. The company reported GBX 81.30 earnings per share for the quarter, Digital Look Earnings reports. AB Dynamics had a return on equity of 10.55% and a net margin of 13.10%.

AB Dynamics Price Performance

Shares of AB Dynamics stock opened at GBX 1,305 on Tuesday. The firm has a market cap of £298.54 million, a PE ratio of 28.62, a PEG ratio of 1.74 and a beta of 0.72. The stock has a 50 day moving average of GBX 1,369.65 and a 200 day moving average of GBX 1,535.59. The company has a current ratio of 2.06, a quick ratio of 2.10 and a debt-to-equity ratio of 2.47. AB Dynamics has a 12 month low of GBX 1,210 and a 12 month high of GBX 2,150.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating and issued a GBX 2,100 target price on shares of AB Dynamics in a report on Tuesday, September 23rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 2,375.

About AB Dynamics

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.