Heroux Devtek (TSE:HRX) Hits New 1-Year High at $21.46
Heroux Devtek Inc (TSE:HRX) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$21.46 and last traded at C$21.24, with a volume of 18581 shares traded. The stock had previously closed at C$20.89.
A number of equities analysts have issued reports on the stock. TD Securities raised their target price on shares of Heroux Devtek from C$22.00 to C$24.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Raymond James reissued a “market perform” rating and issued a C$19.50 target price on shares of Heroux Devtek in a report on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of C$21.25.
The firm’s 50 day simple moving average is C$18.71 and its 200 day simple moving average is C$18.21. The company has a market cap of $769.06 million and a price-to-earnings ratio of 23.60. The company has a quick ratio of 0.62, a current ratio of 1.88 and a debt-to-equity ratio of 69.87.
About Heroux Devtek (TSE:HRX)
Héroux-Devtek Inc engages in the design, development, manufacture, integration, testing, and repair and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, and the United Kingdom. The company also manufactures and sells hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers, and cabinets for suppliers of airborne radar, electro-optic systems, and aircraft controls.
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