Andlauer Healthcare Group (TSE:AND) Stock Price Down 0.4% - Time to Sell?

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) dropped 0.4% on Tuesday . The company traded as low as C$51.94 and last traded at C$52.42. Approximately 119,698 shares were traded during trading, an increase of 72% from the average daily volume of 69,436 shares. The stock had previously closed at C$52.61.

Analysts Set New Price Targets

AND has been the subject of a number of research analyst reports. Scotiabank increased their price target on Andlauer Healthcare Group from C$43.00 to C$55.00 in a report on Friday, April 25th. TD Securities cut Andlauer Healthcare Group from a "buy" rating to a "sell" rating and increased their price target for the stock from C$51.00 to C$55.00 in a report on Friday, April 25th. Finally, Stifel Nicolaus increased their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Andlauer Healthcare Group presently has a consensus rating of "Hold" and a consensus target price of C$50.67.

Andlauer Healthcare Group Stock Down 0.2%

The business has a fifty day moving average of C$51.34 and a 200 day moving average of C$45.63. The company has a market capitalization of C$2.06 billion, a PE ratio of 31.19 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.

Andlauer Healthcare Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.93%. Andlauer Healthcare Group's payout ratio 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.