Andlauer Healthcare Group (TSE:AND) Reaches New 52-Week High – Here’s Why

Andlauer Healthcare Group Inc. (TSE:AND)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$45.01 and last traded at C$45.00, with a volume of 4104 shares traded. The stock had previously closed at C$44.01.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AND. Scotiabank increased their price target on Andlauer Healthcare Group from C$43.00 to C$44.00 in a research report on Thursday, November 7th. TD Securities raised their price objective on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Andlauer Healthcare Group has a consensus rating of “Moderate Buy” and an average target price of C$48.57.

Andlauer Healthcare Group Price Performance

The company has a market capitalization of C$838.32 million, a P/E ratio of 29.49 and a beta of 0.66. The stock’s fifty day simple moving average is C$42.91 and its 200-day simple moving average is C$40.70. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66.

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.