Insider Selling: AB Dynamics plc (LON:ABDP) Insider Sells £459,230 in Stock

Posted by Jeff Wilder on Dec 15th, 2024

AB Dynamics plc (LON:ABDP – Get Free Report) insider James Routh sold 24,170 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of GBX 1,900 ($23.99), for a total transaction of £459,230 ($579,835.86).

AB Dynamics Price Performance

Shares of ABDP opened at GBX 1,935 ($24.43) on Monday. The company has a debt-to-equity ratio of 2.18, a quick ratio of 2.10 and a current ratio of 2.20. AB Dynamics plc has a fifty-two week low of GBX 1,610 ($20.33) and a fifty-two week high of GBX 2,462 ($31.09). The firm has a 50-day simple moving average of GBX 1,916.50 and a 200-day simple moving average of GBX 1,981.22. The company has a market capitalization of £444.08 million, a price-to-earnings ratio of 3,279.66, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72.

AB Dynamics Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 5.30 ($0.07) per share. This represents a yield of 0.26%. This is a boost from AB Dynamics’s previous dividend of $2.33. The ex-dividend date of this dividend is Thursday, January 16th. AB Dynamics’s dividend payout ratio (DPR) is presently 1,186.44%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of AB Dynamics in a research note on Thursday, September 26th.

View Our Latest Stock Analysis 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.