AB Dynamics (LON:ABDP) Sets New 1-Year Low – What’s Next?

AB Dynamics plc (LON:ABDP)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 1,540 ($19.91) and last traded at GBX 1,840 ($23.78), with a volume of 44703 shares changing hands. The stock had previously closed at GBX 1,835 ($23.72).

AB Dynamics Price Performance

The stock has a market capitalization of £424.01 million, a P/E ratio of 31.09, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The business’s 50 day simple moving average is GBX 1,802.69 and its two-hundred day simple moving average is GBX 1,886.97. The company has a quick ratio of 2.10, a current ratio of 2.06 and a debt-to-equity ratio of 2.47.

AB Dynamics Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given 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 was Thursday, January 16th. AB Dynamics’s dividend payout ratio (DPR) is presently 11.83%.

About AB Dynamics

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.