Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) shares shot up 27.1% during mid-day trading on Thursday . The stock traded as high as C$53.58 and last traded at C$53.32. 1,255,518 shares changed hands during trading, an increase of 2,472% from the average session volume of 48,818 shares. The stock had previously closed at C$41.96.
Analyst Ratings Changes
A number of brokerages have recently issued reports on AND. TD Securities downgraded shares of Andlauer Healthcare Group from a "buy" rating to a "sell" rating and raised their price target for the company from C$51.00 to C$55.00 in a report on Friday, April 25th. National Bankshares lifted their target price on shares of Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 11th. Scotiabank increased their price target on Andlauer Healthcare Group from C$43.00 to C$55.00 in a report on Friday, April 25th. Finally, Stifel Nicolaus lifted their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of C$50.57.
Check Out Our Latest Stock Report on Andlauer Healthcare Group
Andlauer Healthcare Group Trading Up 0.4 %
The company has a market capitalization of C$2.13 billion, a P/E ratio of 32.22 and a beta of 0.66. 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 fifty day moving average of C$41.45 and a 200 day moving average of C$42.75.
Andlauer Healthcare Group Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.12 per share. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Monday, March 31st. Andlauer Healthcare Group's payout ratio is presently 24.09%.
Andlauer Healthcare Group Company Profile
(
Get Free Report)
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.
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