AB Dynamics (LON:ABDP) Sets New 12-Month Low – Should You Sell?

Shares of AB Dynamics plc (LON:ABDP) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 956 and last traded at GBX 996, with a volume of 237301 shares traded. The stock had previously closed at GBX 1,010.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ABDP shares. Shore Capital Group reaffirmed a “buy” rating on shares of AB Dynamics in a report on Thursday, March 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,370 target price on shares of AB Dynamics in a research note on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 1,982.50.

AB Dynamics Stock Performance

The stock has a market cap of £227.98 million, a price-to-earnings ratio of -42.56, a P/E/G ratio of 1.74 and a beta of 0.36. The firm’s 50-day moving average is GBX 1,062.38 and its two-hundred day moving average is GBX 1,176.88. The company has a current ratio of 1.96, a quick ratio of 2.10 and a debt-to-equity ratio of 2.85.

AB Dynamics (LON:ABDP) last posted its quarterly earnings data on Tuesday, April 14th. The company reported GBX (53) earnings per share (EPS) for the quarter. 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 4,880 million during the quarter. As a group, sell-side analysts expect that AB Dynamics plc will post 68.8259109 earnings per share for the current year.

Insider Buying and Selling at AB Dynamics

In other AB Dynamics news, insider Sarah Matthews-DeMers bought 2,000 shares of AB Dynamics stock in a transaction dated Tuesday, April 14th. The stock was acquired at an average cost of GBX 1,151 per share, for a total transaction of £23,020. 27.87% of the stock is currently owned by company 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.