AB Dynamics (LON:ABDP – Free Report) had its price objective trimmed by Berenberg Bank from GBX 1,700 to GBX 1,350 in a research note issued to investors on Tuesday, Marketbeat.com reports. The firm currently has a buy rating on the stock.
AB Dynamics Price Performance
AB Dynamics stock opened at GBX 746 on Tuesday. The business has a 50 day simple moving average of GBX 813.79 and a 200 day simple moving average of GBX 1,000.01. The company has a debt-to-equity ratio of 2.06, a current ratio of 2.12 and a quick ratio of 2.10. AB Dynamics has a one year low of GBX 718 and a one year high of GBX 1,350. The company has a market capitalization of £170.76 million, a PE ratio of -31.88, a price-to-earnings-growth ratio of 1.74 and a beta of 0.34.
AB Dynamics (LON:ABDP – Get Free Report) last posted its quarterly earnings results on Tuesday, November 10th. The company reported GBX 60.90 earnings per share (EPS) for the quarter. AB Dynamics had a negative return on equity of 9.51% and a negative net margin of 13.10%. The business had revenue of GBX 9,160 million for the quarter. On average, sell-side analysts forecast that AB Dynamics will post 68.83 EPS for the current fiscal year.
Insiders Place Their Bets
In other AB Dynamics news, insider Sarah Matthews-DeMers purchased 2,000 shares of the stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of GBX 804 per share, for a total transaction of £16,080. Company insiders own 27.89% of the company’s stock.
AB Dynamics Company Profile
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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