Andlauer Healthcare Group (TSE:AND) Stock Price Up 27.1% – What’s Next?

Andlauer Healthcare Group Inc. (TSE:AND) shares traded up 27.1% during trading on Friday . The company traded as high as C$53.58 and last traded at C$53.32. 1,255,518 shares traded hands during trading, an increase of 2,472% from the average session volume of 48,818 shares. The stock had previously closed at C$41.96.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AND shares. Scotiabank reduced their price objective on shares of Andlauer Healthcare Group from C$44.50 to C$43.00 and set a “sector perform” rating for the company in a report on Wednesday, April 2nd. National Bankshares boosted their price objective on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 11th. Stifel Nicolaus raised their target price on Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. Finally, TD Securities lowered their target price on Andlauer Healthcare Group from C$53.00 to C$51.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$48.29.

Andlauer Healthcare Group Stock Up 27.1 %

The stock has a fifty day moving average of C$40.82 and a 200-day moving average of C$42.35. The firm has a market capitalization of C$2.13 billion, a price-to-earnings ratio of 32.11 and a beta of 0.66. The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.12 dividend. 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%. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 24.09%.

About Andlauer Healthcare Group

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.