James Routh Sells 24,170 Shares of AB Dynamics plc (LON:ABDP) Stock

AB Dynamics plc (LON:ABDPGet Free Report) insider James Routh sold 24,170 shares of AB Dynamics stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.98), for a total value of £459,230 ($579,616.31).

AB Dynamics Stock Performance

Shares of LON:ABDP opened at GBX 1,935 ($24.42) on Friday. The company has a market cap of £444.08 million, a price-to-earnings ratio of 3,279.66, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. AB Dynamics plc has a 12 month low of GBX 1,610 ($20.32) and a 12 month high of GBX 2,462 ($31.07). The company has a 50-day moving average price of GBX 1,916.50 and a 200-day moving average price of GBX 1,982.58. The company has a current ratio of 2.20, a quick ratio of 2.10 and a debt-to-equity ratio of 2.18.

AB Dynamics Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be issued a GBX 5.30 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This is a positive change from AB Dynamics’s previous dividend of $2.33. This represents a yield of 0.26%. AB Dynamics’s dividend payout ratio is 1,186.44%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of AB Dynamics in a report on Thursday, September 26th.

Check Out Our Latest Research Report on ABDP

AB Dynamics Company Profile

(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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