AB Dynamics’ (ABDP) Buy Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of AB Dynamics (LON:ABDP) in a report released on Tuesday, Marketbeat reports.

AB Dynamics Stock Performance

LON:ABDP opened at GBX 1,907.20 ($24.69) on Tuesday. The firm has a market capitalization of £439.50 million, a PE ratio of 32.23, a PEG ratio of 1.74 and a beta of 0.72. The stock’s fifty day moving average is GBX 1,801.73 and its 200 day moving average is GBX 1,878.68. AB Dynamics has a fifty-two week low of GBX 1,625 ($21.04) and a fifty-two week high of GBX 2,462 ($31.87). The company has a debt-to-equity ratio of 2.47, a quick ratio of 2.10 and a current ratio of 2.06.

AB Dynamics Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors 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 boost from AB Dynamics’s previous dividend of $2.33. AB Dynamics’s dividend payout ratio is 11.83%.

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.