Andlauer Healthcare Group (TSE:AND) Stock Price Up 0% – What’s Next?

Andlauer Healthcare Group Inc. (TSE:AND) rose 0% during mid-day trading on Monday . The stock traded as high as C$53.58 and last traded at C$53.50. Approximately 133,854 shares were traded during trading, an increase of 122% from the average daily volume of 60,211 shares. The stock had previously closed at C$53.48.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AND. TD Securities lowered shares of Andlauer Healthcare Group from a “buy” rating to a “sell” rating and upped their price target for the company from C$51.00 to C$55.00 in a research note on Friday, April 25th. Stifel Nicolaus raised their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. National Bankshares increased their price objective on shares of 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. Finally, Scotiabank upped their target price on shares of Andlauer Healthcare Group from C$43.00 to C$55.00 in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Andlauer Healthcare Group currently has a consensus rating of “Hold” and an average price target of C$50.67.

Andlauer Healthcare Group Price Performance

The firm has a fifty day moving average price of C$44.72 and a two-hundred day moving average price of C$43.95. The stock has a market capitalization of C$2.13 billion, a P/E ratio of 32.22 and a beta of 0.66. The company has a quick ratio of 1.66, a current ratio of 1.44 and a debt-to-equity ratio of 39.31.

Andlauer Healthcare Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a $0.12 dividend. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a yield of 0.90%. Andlauer Healthcare Group’s dividend 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.