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

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

Héroux-Devtek Stock Up 2.2 %

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 firm’s 50 day simple moving average is C$31.86 and its 200-day simple moving average is C$31.75. The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of 23.51, a price-to-earnings-growth ratio of 1.02 and a beta of 1.72.

Héroux-Devtek (TSE:HRX) last announced its quarterly earnings data 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%. Equities analysts expect that Héroux-Devtek Inc. will post 1.640041 earnings per share 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.