Andlauer Healthcare Group (TSE:AND) Shares Up 27.1% – Should You Buy?

Andlauer Healthcare Group Inc. (TSE:AND)’s share price was up 27.1% on Thursday . The company traded as high as C$53.58 and last traded at C$53.32. Approximately 1,255,518 shares traded hands during mid-day trading, an increase of 2,472% from the average daily volume of 48,818 shares. The stock had previously closed at C$41.96.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AND shares. National Bankshares boosted 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 report on Tuesday, February 11th. Stifel Nicolaus upped their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Scotiabank decreased their price objective on Andlauer Healthcare Group from C$44.50 to C$43.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 2nd. Finally, TD Securities lowered their price objective on Andlauer Healthcare Group from C$53.00 to C$51.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$48.29.

Andlauer Healthcare Group Stock Performance

The company has a current ratio of 1.44, a quick ratio of 1.66 and a debt-to-equity ratio of 39.31. 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 stock has a fifty day moving average price of C$40.82 and a 200-day moving average price of C$42.35.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.12 per share. The ex-dividend date was Monday, March 31st. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.90%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is presently 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.