Ab Dynamics PLC (LON:ABDP) Insider Sells £2,750,000 in Stock
Ab Dynamics PLC (LON:ABDP) insider Anthony (Tony) Best sold 100,000 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of GBX 2,750 ($35.93), for a total transaction of £2,750,000 ($3,593,362.08).
Ab Dynamics stock opened at GBX 2,670 ($34.89) on Friday. The firm has a market capitalization of $622.16 million and a P/E ratio of 52.87. The company’s 50-day moving average is GBX 2,550.62 and its 200 day moving average is GBX 2,259.77. Ab Dynamics PLC has a 1-year low of GBX 451.55 ($5.90) and a 1-year high of GBX 2,850 ($37.24).
Separately, Liberum Capital reissued a “buy” rating and issued a GBX 2,750 ($35.93) price objective on shares of Ab Dynamics in a research report on Monday, September 2nd.
AB Dynamics Plc, through its subsidiaries, designs and manufactures test equipment for vehicle suspension, steering, noise, and vibration in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides a range of services, which include analysis, design, prototype manufacture, testing, and development.
Featured Article: Gap Down Stocks
Receive News & Ratings for Ab Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ab Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.