Glance At 3 FTSE Listed Stocks: AB Dynamics Plc, Nichols Plc & Fulcrum Utility Services Ltd

  • Dec 31, 2019 GMT
  • Team Kalkine
Glance At 3 FTSE Listed Stocks: AB Dynamics Plc, Nichols Plc & Fulcrum Utility Services Ltd

Ab Dynamics Plc

AB Dynamics Plc (LON: ABDP) provides the testing systems to the global motor industry. The company designs products for automobile companies and the global automotive research and development sector. The company was founded in 1982. The company has the top 25 global vehicle manufacturers as their clients.

ABDP – News Updates

On 17th December 2019, Ab Dynamics announced that on 16th December 2019 Matthew Hubbard, a Director of Ab Dynamics plc disposed of 40,000 ABD ordinary shares at 23.2151 pence per share, representing approximately 0.17% of the company's issued ordinary share capital.

ABDP – Financial Highlights FY2019

(Source: Company’s filings, London Stock Exchange)

In the financial year 2019, the company’s revenue grew by 56 per cent to GBP 58 million as compared to GBP 37.1 million in the fiscal year 2018 due to increased demand for the company's products and services, and new product development and establishment of international routes to market. The company’s adjusted operating margins increased by 20 bps to 23.3 per cent. Adjusted profit before tax increased by 59 per cent to GBP 13.7 million. Statutory profit after tax grew by 38 per cent to GBP 9.6 million as compared to GBP 7 million in the same period of FY218. The basic earnings per share increased by 18 per cent to 42.9p as compared to 36.3p in the same period of the fiscal year 2018. The company paid a total dividend of 4.4p per share in the financial year 2019.

ABDP– Stock price performance

Daily Chart as on 31st December 2019, after the market closed (Source: Thomson Reuters)

On December 31st, 2019, Ab Dynamics Plc shares were closed at GBX 2,100 at the time of writing after the market close, up by 0.48 per cent against the last day closing price. Stock's 52 weeks High and Low are GBX 2,850/GBX 1,379.99. The stock price has delivered 51.3 per cent return in the last one year, and negative 3.22 per cent return in the last three months.

The company made its 52-week high of GBX 2,850 on 26th November 2019 and made its 52-week low of GBX 1,379.99 on 3rd January 2019.

The average volume of the Ab Dynamics Plc shares is 43.87 thousand, and it has a market cap of GBP 468.57 million.

Total outstanding shares of the Ab Dynamics Plc are 22.42 million.

The beta of the Ab Dynamics Plc’s stock was reported to be at 0.7244. It implies that the stock price movement of the company is less volatile, in comparison to the benchmark market index’s movement.

Nichols Plc

Nichols Plc (LON: NICL) is an international soft drinks company with sales in over 85 countries with a portfolio of branded still, cordial and carbonated drinks. The brands of the group reach its customers through four key routes to market, namely UK Retail, International, Out of Home and Brand Licensing.

NICL – News Updates

On 23rd December 2019, the company announced a trading update for the year ending on 31st December 2019.

NICL – Trading Update

The company announced the trading update for the year ending 31st December 2019. In 2019, the company’s sales are anticipated to be 4% ahead of the previous year. From the basis of this performance, the company had seen the challenging broader consumer environment and the slowdown in the UK soft drinks market. In the UK and International businesses, the company’s performance is ahead of 2019. Within the international markets, the 2019 Ramadan had been one of the brand's most successful campaigns across the Middle East region. For the full year 2019, the company currently anticipate Profit Before Tax to be in line with market anticipations.

NICL– Stock price performance

Daily Chart as on 31st December 2019, after the market closed (Source: Thomson Reuters)

On December 31st, 2019, Nichols Plc shares were closed at GBX 1,578 at the time of writing after the market close, up by 0.48 per cent against the last day closing price. Stock's 52 weeks High and Low are GBX 1,880/GBX 1,350. The stock price has delivered 14.93 per cent return in the last one year, and negative 1.4 per cent return in the last three months.

The company made its 52-week high of GBX 1,880 on 14th August 2019 and made its 52-week low of GBX 1,350 on 2nd January 2019.

The average volume of the Nichols Plc shares is 17.55 thousand, and it has a market cap of GBP 579.32 million.

Total outstanding shares of the Nichols Plc are 36.90 million.

The beta of Nichols Plc’s stock was reported to be at 0.3963. It implies that the stock price movement of the company is less volatile, in comparison to the benchmark market index’s movement.

Fulcrum Utility Services Ltd

Fulcrum Utility Services Ltd (LON: FCRM) is a Gas, Water & Multi-utilities company, providing multi-utility infrastructure and independent energy services. The company’s primary activities include independent gas transportation services and provision of unregulated utility connections in the United Kingdom. The company’s operations are divided into three reportable segments being Utility Asset Ownership, Infrastructure Services and Dunamis.

FCRM– News Updates

On 23rd December 2019, the company announced that it had arrived into a purchase agreement and conditional sale to sell its domestic client gas connection assets, comprising the associated meters and order book, to ESP (E.S. Pipelines Limited), for a total consideration of around 33 million pounds in cash.

FCRM - Financial Highlights for H1 Financial year 2020

In H1 FY20, the company’s revenue reduced by £5.3 million or 21.4% to £19.5 million as compared with the corresponding period of the last year. Performance in the current period was impacted by the Capacity Market Suspension and economic uncertainty, which resulted in the postponement of the commencement of new contracts. Substantially, Dunamis' revenue from key energy generation contracts stood at £3.9 million, a decrease of 55.6% against the previous year. This was driven by external factors. The company achieved an adjusted EBITDA for the first six months of 2020 of £1.44 million. Asset ownership revenues for the first half of 2020 surged by 42.9% to £1.9 million. Loss before tax stood at £0.9 million in H1 FY20. The decrease was driven by additional depreciation costs following the revaluation of the asset base in March 2019 and the lower EBITDA performance. On 30th September 2019, the net debt was £2.2 million as compared with the previous period. The order book increased by 3.7% to £62.6 million against the last period (March 2019: £60.5 million).

FCRM – Stock Price Performance

Daily Chart as on 31st December 2019, after the market closed (Source: Thomson Reuters)

On December 31st, 2019, Fulcrum Utilities Services Ltd shares were closed at GBX 22.75 at the time of writing after the market close, down by 1.09 per cent against the last day closing price. Stock's 52 weeks High and Low are GBX 54/GBX 21. The stock price has delivered negative 50.91 per cent return in the last one year, and negative 11.65 per cent return in the last three months.

The company made its 52-week high of GBX 54 on 13th February 2019 and made its 52-week low of GBX 21 on 6th June 2019.

The average volume of the Fulcrum Utilities Services Ltd shares is 403.59 thousand, and it has a market cap of GBP 51.08 million.

Total outstanding shares of the Fulcrum Utilities Services Ltd are 222.11 million.

The beta of the Fulcrum Utility Services Ltd stock was reported to be at 0.3993. It implies that the stock price movement of the company is less volatile, in comparison to the benchmark market index’s movement.

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