AB Dynamics plc (ABDP) To Go Ex-Dividend on January 16th

AB Dynamics plc (LON:ABDP) declared a dividend on Wednesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 5.30 ($0.06) per share on Friday, January 31st. This represents a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, January 16th. This is a boost from AB Dynamics’s previous dividend of $2.33. The official announcement can be seen at this link.

AB Dynamics Price Performance

Shares of LON ABDP opened at GBX 1,830 ($22.39) on Tuesday. The company has a market capitalization of £419.99 million, a P/E ratio of 3,101.69, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. AB Dynamics has a 52-week low of GBX 1,610 ($19.70) and a 52-week high of GBX 2,462 ($30.13). The company has a debt-to-equity ratio of 2.18, a quick ratio of 2.10 and a current ratio of 2.20. The company’s 50 day moving average price is GBX 1,971.08 and its 200-day moving average price is GBX 1,954.32.

Analyst Ratings Changes

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

Insider Activity

In other AB Dynamics news, insider James Routh sold 24,170 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.25), for a total transaction of £459,230 ($561,955.46). 28.03% of the stock is currently owned by company insiders.

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.