Andlauer Healthcare Group (TSE:AND) Sets New 52-Week High - Still a Buy?

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$53.93 and last traded at C$53.67, with a volume of 2650 shares. The stock had previously closed at C$53.68.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Stifel Nicolaus increased their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. National Bankshares boosted their target price on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 11th. TD Securities cut shares of Andlauer Healthcare Group from a "buy" rating to a "sell" rating and upped their price objective for the stock from C$51.00 to C$55.00 in a research report on Friday, April 25th. Finally, Scotiabank upped their price objective on shares of Andlauer Healthcare Group from C$43.00 to C$55.00 in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of C$50.67.

Andlauer Healthcare Group Stock Up 0.6%

The company has a debt-to-equity ratio of 39.31, a quick ratio of 1.66 and a current ratio of 1.44. The stock has a market capitalization of C$2.15 billion, a P/E ratio of 32.41 and a beta of 0.66. The stock's fifty day simple moving average is C$46.84 and its two-hundred day simple moving average is C$44.45.

Andlauer Healthcare Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a dividend of $0.12 per share. The ex-dividend date was Monday, March 31st. This is a positive change from Andlauer Healthcare Group's previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 0.89%. Andlauer Healthcare Group's dividend payout ratio is currently 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.