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

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

AB Dynamics Stock Performance

Shares of ABDP stock 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. The business’s 50-day moving average price is GBX 1,916.50 and its 200-day moving average price is GBX 1,982.58. The company has a current ratio of 2.20, a quick ratio of 2.10 and a debt-to-equity ratio of 2.18. AB Dynamics plc has a 12 month low of GBX 1,610 ($20.32) and a 12 month high of GBX 2,462 ($31.07).

AB Dynamics Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of AB Dynamics in a report 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.