AB Dynamics (LON:ABDP) Insider Purchases £4,944 in Stock

AB Dynamics plc (LON:ABDP) insider Sarah Matthews-DeMers bought 600 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The shares were acquired at an average price of GBX 824 per share, for a total transaction of £4,944.

Sarah Matthews-DeMers also recently made the following trade(s):

• On Thursday, August 20th, Sarah Matthews-DeMers purchased 2,000 shares of AB Dynamics stock. The stock was acquired at an average price of GBX 804 per share, with a total value of £16,080.

AB Dynamics Stock Up 0.7%

LON ABDP traded up GBX 6 during trading on Friday, hitting GBX 824. The company’s stock had a trading volume of 39,977 shares, compared to its average volume of 132,055. AB Dynamics plc has a fifty-two week low of GBX 718 and a fifty-two week high of GBX 1,480. The company has a market cap of £188.61 million, a PE ratio of -35.21, a P/E/G ratio of 1.74 and a beta of 0.34. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.96 and a quick ratio of 2.10. The business’s 50 day simple moving average is GBX 842.21 and its 200-day simple moving average is GBX 992.57.

Analyst Ratings Changes

Separately, Berenberg Bank cut their price target on shares of AB Dynamics from GBX 2,060 to GBX 1,700 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,892.50.

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.