Separately, Berenberg Bank upgraded AB Dynamics to a buy rating and lowered their target price for the company from GBX 1,850 ($21.88) to GBX 1,530 ($18.09) in a research note on Friday, September 30th.
AB Dynamics Stock Down 0.7 %
Shares of LON:ABDP opened at GBX 1,559 ($18.43) on Wednesday. The company has a market capitalization of £356.78 million and a P/E ratio of 8,694.44. The stock’s fifty day simple moving average is GBX 1,454.79 and its 200-day simple moving average is GBX 1,284.29. AB Dynamics has a 52-week low of GBX 920 ($10.88) and a 52-week high of GBX 2,000 ($23.65). The company has a quick ratio of 2.09, a current ratio of 2.56 and a debt-to-equity ratio of 1.00.
AB Dynamics Increases Dividend
AB Dynamics Company Profile
AB Dynamics plc, through its subsidiaries, designs, develops, manufactures, and supplies testing and verification products and services for advanced driver assistance systems (ADAS), autonomous vehicle technology, and vehicle dynamics in the United Kingdom, rest of Europe, North America, the Asia Pacific, and internationally.
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