AB Dynamics (LON:ABDP) Sets New 12-Month Low – Should You Sell?

AB Dynamics plc (LON:ABDPGet Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as GBX 956 and last traded at GBX 996, with a volume of 237301 shares. The stock had previously closed at GBX 1,010.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ABDP. Shore Capital Group reissued a “buy” rating on shares of AB Dynamics in a research report on Thursday, March 12th. Jefferies Financial Group restated a “hold” rating and set a GBX 1,370 price target on shares of AB Dynamics in a research report on Tuesday, April 14th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,982.50.

Read Our Latest Report on AB Dynamics

AB Dynamics Price Performance

The company has a debt-to-equity ratio of 2.85, a current ratio of 1.96 and a quick ratio of 2.10. The company has a market capitalization of £227.98 million, a PE ratio of -42.56, a price-to-earnings-growth ratio of 1.74 and a beta of 0.36. The stock’s 50 day simple moving average is GBX 1,062.38 and its 200-day simple moving average is GBX 1,176.88.

AB Dynamics (LON:ABDPGet Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The company reported GBX (53) EPS for the quarter. The business had revenue of GBX 4,880 million during the quarter. AB Dynamics had a negative net margin of 5.02% and a negative return on equity of 3.98%. As a group, equities analysts forecast that AB Dynamics plc will post 68.8259109 earnings per share for the current fiscal year.

Insider Transactions at AB Dynamics

In other AB Dynamics news, insider Sarah Matthews-DeMers bought 2,000 shares of AB Dynamics stock in a transaction on Tuesday, April 14th. The shares were bought at an average cost of GBX 1,151 per share, for a total transaction of £23,020. 27.87% of the stock is currently owned by company insiders.

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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