Shares of Ab Dynamics PLC (LON:ABDP) reached a new 52-week high on Wednesday . The company traded as high as GBX 2,695 ($35.21) and last traded at GBX 2,685 ($35.08), with a volume of 24396 shares traded. The stock had previously closed at GBX 2,465 ($32.21).

Separately, Liberum Capital began coverage on Ab Dynamics in a research note on Wednesday, May 1st. They issued a “buy” rating and a GBX 2,645 ($34.56) price target on the stock.

The company has a market cap of $526.42 million and a PE ratio of 52.97.

Ab Dynamics (LON:ABDP) last issued its quarterly earnings results on Wednesday, April 24th. The company reported GBX 28.36 ($0.37) earnings per share (EPS) for the quarter. Sell-side analysts expect that Ab Dynamics PLC will post 4315.00020036694 EPS for the current fiscal year.

The firm also recently declared a dividend, which was paid on Friday, May 17th. Shareholders of record on Thursday, May 2nd were paid a GBX 1.61 ($0.02) dividend. This represents a yield of 0.08%. The ex-dividend date of this dividend was Thursday, May 2nd. Ab Dynamics’s dividend payout ratio (DPR) is presently 0.08%.

In other news, insider Stephen Neads sold 728 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of GBX 1,658 ($21.66), for a total transaction of £12,070.24 ($15,771.91). Also, insider Robert (Rob) Andrew Leonard Hart sold 25,696 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 1,777 ($23.22), for a total value of £456,617.92 ($596,652.19).

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About Ab Dynamics (LON:ABDP)

AB Dynamics Plc, through its subsidiaries, designs and manufactures test equipment for vehicle suspension, steering, noise, and vibration in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides a range of services, which include analysis, design, prototype manufacture, testing, and development.

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