AB Dynamics (LON:ABDP) Insider Purchases £16,080 in Stock

AB Dynamics plc (LON:ABDP) insider Sarah Matthews-DeMers purchased 2,000 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was purchased at an average cost of GBX 804 per share, for a total transaction of £16,080.

AB Dynamics Price Performance

Shares of ABDP stock traded up GBX 34 during trading hours on Thursday, reaching GBX 815. 44,377 shares of the company were exchanged, compared to its average volume of 104,611. AB Dynamics plc has a fifty-two week low of GBX 718 and a fifty-two week high of GBX 1,480. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.96 and a quick ratio of 2.10. The stock’s fifty day moving average is GBX 956.62 and its two-hundred day moving average is GBX 1,074.79. The company has a market cap of £186.55 million, a price-to-earnings ratio of -34.83, a P/E/G ratio of 1.74 and a beta of 0.33.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their target price on AB Dynamics from GBX 2,060 to GBX 1,700 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Three equities research 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 an average target price of GBX 1,892.50.

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.