Héroux-Devtek (TSE:HRX) Hits New 12-Month High – Still a Buy?

Shares of Héroux-Devtek Inc. (TSE:HRX) reached a new 52-week high 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 Stock Down 0.0 %

The firm has a 50 day moving average of C$31.94 and a 200-day moving average of C$31.80. 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 P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.02 and a beta of 1.72.

Héroux-Devtek (TSE:HRX) last posted its quarterly 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, equities research analysts expect that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current fiscal year.

About Héroux-Devtek

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.