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 mid-day 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. The stock had previously closed at C$32.45.

Héroux-Devtek Price Performance

The company has a current ratio of 2.14, a quick ratio of 0.96 and a debt-to-equity ratio of 48.49. The stock has a market capitalization of C$1.09 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.02 and a beta of 1.72. The firm has a 50 day moving average price of C$31.91 and a 200 day moving average price of C$31.77.

Héroux-Devtek (TSE:HRX) last announced 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 net margin of 7.07% and a return on equity of 11.18%. Research analysts anticipate that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current 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.