Andlauer Healthcare Group (TSE:AND) Trading 27.1% Higher - What's Next?

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report)'s share price was 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. Approximately 1,255,518 shares traded hands during mid-day trading, an increase of 2,472% from the average daily volume of 48,818 shares. The stock had previously closed at C$41.96.

Wall Street Analyst Weigh In

A number of research firms recently commented on AND. Stifel Nicolaus upped their price target on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. National Bankshares lifted 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 boosted their target price on Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday. Finally, TD Securities lowered Andlauer Healthcare Group from a "buy" rating to a "sell" rating and raised their price target for the stock from C$51.00 to C$55.00 in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Andlauer Healthcare Group currently has a consensus rating of "Hold" and an average target price of C$50.57.

Andlauer Healthcare Group Stock Performance

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 business's 50-day moving average is C$41.13 and its 200-day moving average is C$42.60. The company has a market capitalization of C$2.12 billion, a PE ratio of 32.10 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a $0.12 dividend. 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 currently 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.