AB Dynamics (LON:ABDP) Stock: Insider Sarah Matthews-DeMers Acquires 600 Shares

AB Dynamics plc (LON:ABDP) insider Sarah Matthews-DeMers purchased 600 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were purchased at an average cost of GBX 824 per share, for a total transaction of £4,944.

Sarah Matthews-DeMers also recently made the following trade(s):

• On Thursday, August 20th, Sarah Matthews-DeMers acquired 2,000 shares of AB Dynamics stock. The stock was purchased at an average price of GBX 804 per share, with a total value of £16,080.

AB Dynamics Stock Up 0.7%

AB Dynamics stock traded up GBX 6 during midday trading on Friday, hitting GBX 824. 39,977 shares of the company’s stock were exchanged, compared to its average volume of 132,055. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.10 and a current ratio of 1.96. The company has a market cap of £188.61 million, a PE ratio of -35.21, a P/E/G ratio of 1.74 and a beta of 0.34. The firm has a 50-day moving average of GBX 842.21 and a two-hundred day moving average of GBX 992.57. AB Dynamics plc has a 12 month low of GBX 718 and a 12 month high of GBX 1,480.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on AB Dynamics from GBX 2,060 to GBX 1,700 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,892.50.

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.