AB Dynamics (LON:ABDP) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

AB Dynamics plc (LON:ABDPGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,947.31 ($25.49) and traded as low as GBX 1,830 ($23.95). AB Dynamics shares last traded at GBX 1,840 ($24.08), with a volume of 26,000 shares.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on ABDP

AB Dynamics Stock Performance

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 stock has a market cap of £422.28 million, a P/E ratio of 3,118.64, a P/E/G ratio of 1.74 and a beta of 0.72. The business’s 50-day moving average price is GBX 1,925.44 and its 200-day moving average price is GBX 1,947.31.

About AB Dynamics

(Get Free Report)

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.

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