Andlauer Healthcare Group (TSE:AND) Stock Price Up 27.1% - Time to Buy?

Shares of Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) traded up 27.1% on Thursday . The stock traded as high as C$53.58 and last traded at C$53.32. 1,255,518 shares traded 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.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. TD Securities cut shares of Andlauer Healthcare Group from a "buy" rating to a "sell" rating and lifted their price objective for the company from C$51.00 to C$55.00 in a report on Friday. National Bankshares upped their price objective on 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 raised their price target on Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday. Finally, Stifel Nicolaus increased their target price on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. One 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$50.57.

Andlauer Healthcare Group Stock Performance

The company's 50-day moving average is C$41.13 and its two-hundred day moving average is C$42.60. The stock has a market capitalization of C$2.12 billion, a P/E ratio of 32.10 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 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 represents a $0.48 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Monday, March 31st. This is an increase from Andlauer Healthcare Group's previous quarterly dividend of $0.11. Andlauer Healthcare Group's dividend payout ratio is 24.09%.

Andlauer Healthcare Group Company Profile

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.