Héroux-Devtek (TSE:HRX) Sets New 1-Year High – Here’s Why

Héroux-Devtek Inc. (TSE:HRXGet Free Report) reached a new 52-week high 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 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. The stock has a 50 day moving average price of C$31.90 and a 200-day moving average price of C$31.76.

Héroux-Devtek (TSE:HRXGet Free Report) last announced its earnings results on Tuesday, November 12th. The company reported C$0.38 earnings per share (EPS) for the quarter, topping 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%. On average, analysts forecast that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current year.

Héroux-Devtek Company Profile

(Get Free Report)

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.

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