Key Points
- Insider purchase: AB Dynamics insider Sarah Matthews-DeMers acquired 600 shares at GBX 824 each, worth £4,944. She also purchased 2,000 shares in August for £16,080.
- Stock performance: Shares opened at GBX 829 and were up 1.3%, while trading below both their 50-day and 200-day moving averages. The stock has ranged from GBX 718 to GBX 1,480 over the past year.
- Analyst outlook: Berenberg lowered its price target from GBX 2,060 to GBX 1,700 but maintained a Buy rating. Overall, analysts rate AB Dynamics a “Moderate Buy,” with an average target of GBX 1,892.50.
AB Dynamics plc (LON:ABDP - Get Free Report) insider Sarah Matthews-DeMers acquired 600 shares of the firm's stock in a transaction on 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 acquired 2,000 shares of AB Dynamics stock. The stock was acquired at an average price of GBX 804 per share, for a total transaction of £16,080.
AB Dynamics Trading Up 1.3%
Shares of AB Dynamics stock opened at GBX 829 on Friday. The stock has a market cap of £189.76 million, a PE ratio of -35.43, a price-to-earnings-growth ratio of 1.74 and a beta of 0.34. The firm has a fifty day moving average price of GBX 838.27 and a 200 day moving average price of GBX 991.43. AB Dynamics plc has a 1 year low of GBX 718 and a 1 year 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.
Analyst Ratings Changes
Separately, Berenberg Bank reduced their price objective 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 1,892.50.
Check Out Our Latest Stock Report on ABDP
AB Dynamics Company Profile
(
Get Free Report)
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.
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