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AB Dynamics ( (GB:ABDP) ) just unveiled an update.
AB Dynamics reported that all resolutions at its latest Annual General Meeting were passed, including approval of the annual accounts, directors’ remuneration report and policy, and a final dividend of 6.36p per share. Shareholders also backed the reappointment of all standing directors and the company’s auditor, Crowe UK LLP, and authorised the board to allot securities and, to a limited extent, issue shares for cash without pre-emptive rights, reinforcing management’s mandate and providing flexibility for future capital raising and corporate actions.
The most recent analyst rating on (GB:ABDP) stock is a Hold with a £1620.00 price target. To see the full list of analyst forecasts on AB Dynamics stock, see the GB:ABDP Stock Forecast page.
Spark’s Take on GB:ABDP Stock
According to Spark, TipRanks’ AI Analyst, GB:ABDP is a Outperform.
AB Dynamics shows strong financial performance and a positive outlook from its recent earnings call, which are the most significant factors in its overall score. However, technical indicators suggest a bearish trend, and the valuation is only moderately attractive, which tempers the overall score.
To see Spark’s full report on GB:ABDP stock, click here.
More about AB Dynamics
AB Dynamics is a UK-listed designer, manufacturer and supplier of advanced testing, simulation and measurement products for the global transport market, serving automotive and wider mobility sectors that require sophisticated tools for vehicle development and validation.
Average Trading Volume: 59,802
Technical Sentiment Signal: Sell
Current Market Cap: £307.6M
For a thorough assessment of ABDP stock, go to TipRanks’ Stock Analysis page.