Héroux-Devtek (TSE:HRX) Reaches New 12-Month High – Here’s Why

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

Héroux-Devtek Price Performance

The business’s 50 day moving average is C$31.91 and its two-hundred day moving average is C$31.77. The firm has a market cap of C$1.09 billion, a P/E ratio of 23.49, a P/E/G ratio of 1.02 and a beta of 1.72. The company has a quick ratio of 0.96, a current ratio of 2.14 and a debt-to-equity ratio of 48.49.

Héroux-Devtek (TSE:HRX) last released its quarterly earnings results on Tuesday, November 12th. The company reported C$0.38 EPS for the quarter, beating analysts’ consensus estimates of C$0.31 by C$0.07. Héroux-Devtek had a return on equity of 11.18% and a net margin of 7.07%. As a group, analysts anticipate that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current year.

About Héroux-Devtek

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.