Andlauer Healthcare Group (TSE:AND) Sets New 12-Month High at $50.00

Andlauer Healthcare Group Inc. (TSE:AND) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$50.00 and last traded at C$49.62, with a volume of 1500 shares trading hands. The stock had previously closed at C$49.24.

Several equities analysts have issued reports on the company. CIBC lifted their price objective on Andlauer Healthcare Group to C$49.00 and gave the company a “neutral” rating in a research report on Friday, August 13th. Scotiabank lifted their target price on Andlauer Healthcare Group from C$39.00 to C$43.00 in a research note on Friday, August 13th. TD Securities lifted their target price on Andlauer Healthcare Group from C$44.00 to C$49.00 and gave the company a “hold” rating in a research note on Friday, August 13th. National Bank Financial lifted their target price on Andlauer Healthcare Group from C$38.00 to C$39.50 and gave the company a “sector perform” rating in a research note on Friday, August 13th. Finally, Royal Bank of Canada lifted their target price on Andlauer Healthcare Group from C$46.00 to C$48.00 and gave the company an “outperform” rating in a research note on Friday, August 13th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$44.67.

The company has a debt-to-equity ratio of 147.60, a current ratio of 1.08 and a quick ratio of 1.01. The business has a 50 day moving average of C$43.65 and a 200 day moving average of C$39.06. The firm has a market capitalization of C$1.91 billion and a price-to-earnings ratio of 40.73.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Wednesday, August 11th. The company reported C$0.33 EPS for the quarter, hitting analysts’ consensus estimates of C$0.33. The company had revenue of C$107.13 million for the quarter, compared to analyst estimates of C$110.55 million. As a group, equities analysts predict that Andlauer Healthcare Group Inc. will post 1.3812332 EPS for the current year.

About Andlauer Healthcare Group (TSE:AND)

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. It operates in two segments, Specialized Transportation and Healthcare Logistics. The company provides specialized temperature controlled services; and ground transportation services, including less-than-truckload and courier services; and air freight forwarding, and dedicated and last mile delivery services.

Read More: What is a death cross?

Receive News & Ratings for Andlauer Healthcare Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andlauer Healthcare Group and related companies with MarketBeat.com's FREE daily email newsletter.