Andlauer Healthcare Group (TSE:AND) Sets New 52-Week High – Here’s What Happened

Andlauer Healthcare Group Inc. (TSE:AND) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$46.35 and last traded at C$46.35, with a volume of 1237 shares. The stock had previously closed at C$46.20.

Wall Street Analysts Forecast Growth

AND has been the subject of several research reports. TD Securities lifted their target price on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Scotiabank lifted their price objective on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Andlauer Healthcare Group has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Stock Performance

The stock has a 50-day moving average price of C$43.14 and a 200 day moving average price of C$40.94. The firm has a market capitalization of C$856.09 million, a price-to-earnings ratio of 30.12 and a beta of 0.66. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.41 EPS for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.03). Andlauer Healthcare Group had a net margin of 9.96% and a return on equity of 14.91%. During the same quarter in the previous year, the company earned $0.36 earnings per share. On average, analysts forecast that Andlauer Healthcare Group Inc. will post 1.9331337 EPS for the current year.

About Andlauer Healthcare Group

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.