AB Dynamics (LON:ABDP) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

AB Dynamics plc (LON:ABDP)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,866.70 ($23.52) and traded as high as GBX 2,030 ($25.58). AB Dynamics shares last traded at GBX 1,965 ($24.76), with a volume of 61,994 shares.

Analyst Upgrades and Downgrades

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

AB Dynamics Trading Down 0.5 %

The company has a quick ratio of 2.10, a current ratio of 2.20 and a debt-to-equity ratio of 2.18. The company has a market cap of £450.97 million, a P/E ratio of 3,330.51, a PEG ratio of 1.74 and a beta of 0.72. The firm’s 50 day moving average is GBX 1,867 and its two-hundred day moving average is GBX 1,966.30.

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.