AB Dynamics (LON:ABDP) Reaches New 52-Week Low – What’s Next?

AB Dynamics plc (LON:ABDP)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1,540 ($20.02) and last traded at GBX 1,840 ($23.92), with a volume of 44703 shares trading hands. The stock had previously closed at GBX 1,835 ($23.86).

AB Dynamics Trading Up 0.2 %

The company has a market cap of £427.23 million, a PE ratio of 31.33, a P/E/G ratio of 1.74 and a beta of 0.72. The stock’s 50 day moving average is GBX 1,800.59 and its 200-day moving average is GBX 1,884.81. 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 paid a dividend of GBX 5.30 ($0.07) per share. The ex-dividend date was Thursday, January 16th. This is a boost from AB Dynamics’s previous dividend of $2.33. This represents a dividend yield of 0.26%. AB Dynamics’s payout ratio is currently 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.