Andlauer Healthcare Group (TSE:AND) Trading Up 0% – Still a Buy?

Shares of Andlauer Healthcare Group Inc. (TSE:AND) traded up 0% on Monday . The company traded as high as C$53.58 and last traded at C$53.50. 133,854 shares were traded during mid-day trading, an increase of 122% from the average session volume of 60,211 shares. The stock had previously closed at C$53.48.

Wall Street Analysts Forecast Growth

AND has been the topic of several research analyst reports. Scotiabank increased their price objective on Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday, April 25th. National Bankshares raised their target price on shares of Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 11th. Stifel Nicolaus lifted their price objective on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. Finally, TD Securities downgraded shares of Andlauer Healthcare Group from a “buy” rating to a “sell” rating and lifted their price objective for the stock from C$51.00 to C$55.00 in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$50.67.

Andlauer Healthcare Group Stock Performance

The company has a market capitalization of C$2.13 billion, a price-to-earnings ratio of 32.22 and a beta of 0.66. The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31. The stock’s fifty day simple moving average is C$44.72 and its 200-day simple moving average is C$43.95.

Andlauer Healthcare Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.12 per share. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 0.90%. The ex-dividend date was Monday, March 31st. Andlauer Healthcare Group’s dividend payout ratio (DPR) is presently 24.09%.

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.