Shore Capital Reaffirms Buy Rating for AB Dynamics (LON:ABDP)

AB Dynamics (LON:ABDP)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a research report issued on Wednesday, Marketbeat.com reports.

AB Dynamics Trading Down 1.4 %

Shares of ABDP opened at GBX 1,720 ($22.94) on Wednesday. AB Dynamics has a 1-year low of GBX 1,480 ($19.74) and a 1-year high of GBX 2,462 ($32.84). The company has a debt-to-equity ratio of 2.47, a current ratio of 2.06 and a quick ratio of 2.10. The firm has a 50 day simple moving average of GBX 1,741.42 and a 200-day simple moving average of GBX 1,837.23. The stock has a market cap of £396.36 million, a price-to-earnings ratio of 29.06, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72.

AB Dynamics (LON:ABDP) last released its quarterly earnings results on Wednesday, April 23rd. The company reported GBX 37.50 ($0.50) earnings per share (EPS) for the quarter. AB Dynamics had a net margin of 13.10% and a return on equity of 10.55%. Equities analysts forecast that AB Dynamics will post 68.8259109 EPS for the current fiscal year.

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.