Héroux-Devtek (TSE:HRX) Sets New 52-Week High - Here's Why

Shares of Héroux-Devtek Inc. (TSE:HRX - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$32.50 and last traded at C$32.42, with a volume of 131433 shares traded. The stock had previously closed at C$32.45.

Héroux-Devtek Stock Performance

The firm has a market capitalization of C$1.09 billion, a P/E ratio of 20.96, a P/E/G ratio of 1.02 and a beta of 1.72. The firm has a 50-day moving average price of C$31.98 and a two-hundred day moving average price of C$31.82. The company has a debt-to-equity ratio of 29.74, a current ratio of 2.13 and a quick ratio of 0.96.

Héroux-Devtek (TSE:HRX - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.38 EPS for the quarter, topping the consensus estimate of C$0.31 by C$0.07. Héroux-Devtek had a net margin of 7.51% and a return on equity of 11.92%. On average, analysts forecast that Héroux-Devtek Inc. will post 1.640041 EPS for the current fiscal year.

Héroux-Devtek Company Profile

Héroux-Devtek Inc engages in the design, development, manufacture, finishing, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves commercial and defence sectors of the aerospace market.