Héroux-Devtek Inc. (TSE:HRX - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$27.90 and traded as high as C$32.15. Héroux-Devtek shares last traded at C$32.12, with a volume of 79,978 shares.
Analyst Upgrades and Downgrades
Separately, TD Securities downgraded Héroux-Devtek from a "buy" rating to a "sell" rating and raised their price target for the company from C$28.00 to C$32.50 in a research note on Friday, July 12th.
Check Out Our Latest Report on HRX
Héroux-Devtek Stock Performance
The company's fifty day simple moving average is C$31.91 and its 200 day simple moving average is C$27.90. The company has a quick ratio of 0.96, a current ratio of 2.14 and a debt-to-equity ratio of 48.49. The stock has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 1.02 and a beta of 1.72.
Héroux-Devtek (TSE:HRX - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$0.39 EPS for the quarter, topping analysts' consensus estimates of C$0.26 by C$0.13. Héroux-Devtek had a net margin of 7.07% and a return on equity of 11.18%. The business had revenue of C$174.00 million for the quarter, compared to analyst estimates of C$159.00 million. On average, equities research analysts expect that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current year.
About Héroux-Devtek
(
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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.
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