Insider Buying: AB Dynamics (LON:ABDP) Insider Buys £4,944 in Stock

AB Dynamics plc (LON:ABDP) insider Sarah Matthews-DeMers acquired 600 shares of AB Dynamics stock in a transaction dated Friday, September 25th. The shares were acquired at an average price of GBX 824 per share, with a total value of £4,944.

Sarah Matthews-DeMers also recently made the following trade(s):

• On Thursday, August 20th, Sarah Matthews-DeMers bought 2,000 shares of AB Dynamics stock. The stock was purchased at an average cost of GBX 804 per share, with a total value of £16,080.

AB Dynamics Stock Performance

Shares of ABDP stock opened at GBX 829 on Monday. The company has a fifty day moving average price of GBX 838.27 and a two-hundred day moving average price of GBX 989.57. AB Dynamics plc has a one year low of GBX 718 and a one year high of GBX 1,480. The stock has a market cap of £189.76 million, a P/E ratio of -35.43, a P/E/G ratio of 1.74 and a beta of 0.34. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.96 and a quick ratio of 2.10.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on AB Dynamics from GBX 2,060 to GBX 1,700 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average 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.