AB Dynamics plc (LON:ABDP) Insider James Routh Sells 24,170 Shares

AB Dynamics plc (LON:ABDP) insider James Routh sold 24,170 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.98), for a total value of £459,230 ($579,616.31).

AB Dynamics Price Performance

LON:ABDP opened at GBX 1,935 ($24.42) on Friday. The firm has a market capitalization of £444.08 million, a price-to-earnings ratio of 3,279.66, a PEG ratio of 1.74 and a beta of 0.72. AB Dynamics plc has a 1 year low of GBX 1,610 ($20.32) and a 1 year high of GBX 2,462 ($31.07). The business has a 50 day simple moving average of GBX 1,915.20 and a 200-day simple moving average of GBX 1,983.85. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.20 and a quick ratio of 2.10.

AB Dynamics Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.