AB Dynamics (LON:ABDP – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 60.90 EPS for the quarter, Digital Look Earnings reports. AB Dynamics had a negative return on equity of 3.98% and a negative net margin of 5.02%. The firm had revenue of GBX 9,160 million during the quarter.
AB Dynamics Price Performance
AB Dynamics stock traded down GBX 48.60 during midday trading on Tuesday, reaching GBX 746.40. 139,875 shares of the stock were exchanged, compared to its average volume of 122,281. The company’s fifty day moving average is GBX 820.47 and its 200-day moving average is GBX 1,007.90. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.10 and a current ratio of 1.96. The firm has a market cap of £170.85 million, a PE ratio of -31.90, a PEG ratio of 1.74 and a beta of 0.34. AB Dynamics has a 52 week low of GBX 718 and a 52 week high of GBX 1,350.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price target on AB Dynamics from GBX 1,700 to GBX 1,350 and set a “buy” rating on the stock in a report on Tuesday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, AB Dynamics presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,805.
View Our Latest Stock Report on ABDP
Insider Transactions at AB Dynamics
In other AB Dynamics news, insider Sarah Matthews-DeMers purchased 600 shares of the company’s stock in a transaction dated Friday, September 25th. The stock was purchased at an average price of GBX 824 per share, for a total transaction of £4,944. Corporate insiders own 27.89% of the company’s stock.
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.
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