Ab Dynamics PLC (LON:ABDP) insider Timothy (Tim) John Rogers sold 150,000 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of GBX 785 ($10.85), for a total value of £1,177,500 ($1,626,830.62).
Ab Dynamics PLC (ABDP) remained flat at $GBX 780 ($10.78) during midday trading on Monday. The company’s stock had a trading volume of 7,816 shares, compared to its average volume of 24,212. Ab Dynamics PLC has a fifty-two week low of GBX 545 ($7.53) and a fifty-two week high of GBX 1,100 ($15.20). The stock has a market capitalization of $150.10 and a P/E ratio of 3,900.00.
Separately, Panmure Gordon upgraded Ab Dynamics to a “buy” rating and set a GBX 1,030 ($14.23) target price for the company in a research note on Friday, November 17th.
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AB Dynamics plc is a holding company, which is engaged in the provision of testing systems to the global motor industry. The Company is a designer, manufacturer and provider of testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector.
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