Héroux-Devtek (TSE:HRX) Reaches New 52-Week High – Here’s What Happened

Héroux-Devtek Inc. (TSE:HRX) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$31.80 and last traded at C$32.41, with a volume of 254071 shares changing hands. The stock had previously closed at C$31.75.

Héroux-Devtek Price Performance

The company has a debt-to-equity ratio of 48.49, a current ratio of 2.14 and a quick ratio of 0.96. The company’s 50 day moving average price is C$31.86 and its 200 day moving average price is C$31.75. The firm has a market capitalization of C$1.09 billion, a P/E ratio of 23.51, a PEG ratio of 1.02 and a beta of 1.72.

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 the consensus estimate of C$0.31 by C$0.07. Héroux-Devtek had a net margin of 7.07% and a return on equity of 11.18%. As a group, sell-side analysts anticipate that Héroux-Devtek Inc. will post 1.640041 EPS for the current fiscal year.

Héroux-Devtek Company Profile

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.