AB Dynamics (LON:ABDP) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

AB Dynamics plc (LON:ABDP) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,907.56 ($24.01) and traded as low as GBX 1,784.90 ($22.47). AB Dynamics shares last traded at GBX 1,785.99 ($22.48), with a volume of 46,635 shares traded.

AB Dynamics Stock Down 0.2 %

The company has a debt-to-equity ratio of 2.47, a quick ratio of 2.10 and a current ratio of 2.06. The company has a market capitalization of £411.57 million, a price-to-earnings ratio of 30.18, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The firm’s 50-day simple moving average is GBX 1,868.34 and its 200-day simple moving average is GBX 1,904.75.

AB Dynamics (LON:ABDP) last posted its quarterly earnings results on Tuesday, November 26th. The company reported GBX 71 ($0.89) earnings per share (EPS) for the quarter. AB Dynamics had a net margin of 13.10% and a return on equity of 10.55%. Sell-side analysts forecast that AB Dynamics plc will post 68.8259109 earnings per share for the current year.

AB Dynamics Increases Dividend

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

Insider Transactions at AB Dynamics

In related news, insider James Routh sold 24,170 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.91), for a total transaction of £459,230 ($578,011.33). 28.03% of the stock is owned by insiders.

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.