AB Dynamics’ (ABDP) “Buy” Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of AB Dynamics (LON:ABDP) in a research note issued to investors on Tuesday, MarketBeat.com reports.

AB Dynamics Price Performance

ABDP opened at GBX 1,900 ($24.60) on Tuesday. The company has a current ratio of 2.06, a quick ratio of 2.10 and a debt-to-equity ratio of 2.47. The stock has a market capitalization of £437.84 million, a P/E ratio of 32.11, a PEG ratio of 1.74 and a beta of 0.72. The stock has a 50-day moving average price of GBX 1,803.23 and a 200-day moving average price of GBX 1,877.47. AB Dynamics has a 12-month low of GBX 1,625 ($21.04) and a 12-month high of GBX 2,462 ($31.87).

AB Dynamics Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a GBX 5.30 ($0.07) dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 0.26%. This is an increase from AB Dynamics’s previous dividend of $2.33. AB Dynamics’s payout ratio is presently 11.83%.

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.