AB Dynamics (LON:ABDP) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

AB Dynamics plc (LON:ABDP)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,800.39 ($23.26) and traded as high as GBX 1,860 ($24.03). AB Dynamics shares last traded at GBX 1,860 ($24.03), with a volume of 21,638 shares changing hands.

AB Dynamics Stock Up 1.1 %

The firm has a market capitalization of £428.62 million, a price-to-earnings ratio of 31.43, a P/E/G ratio of 1.74 and a beta of 0.72. The firm has a fifty day moving average price of GBX 1,800.39 and a 200 day moving average price of GBX 1,879.68. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a GBX 5.30 ($0.07) dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 0.26%. This is a positive change from AB Dynamics’s previous dividend of $2.33. AB Dynamics’s payout ratio is currently 11.83%.

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.