AB Dynamics (LON:ABDP) Sets New 1-Year Low – What’s Next?

AB Dynamics plc (LON:ABDP) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1,540 ($19.91) and last traded at GBX 1,840 ($23.78), with a volume of 44703 shares changing hands. The stock had previously closed at GBX 1,835 ($23.72).

AB Dynamics Stock Up 0.3 %

The stock’s fifty day simple moving average is GBX 1,802.69 and its 200-day simple moving average is GBX 1,886.97. 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 stock has a market cap of £424.01 million, a P/E ratio of 31.09, a P/E/G ratio of 1.74 and a beta of 0.72.

AB Dynamics Increases Dividend

The company also recently declared 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%. The ex-dividend date of this dividend was Thursday, January 16th. This is an increase from AB Dynamics’s previous dividend of $2.33. AB Dynamics’s dividend payout ratio is 11.83%.

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.