ADF Group (TSE:DRX) Hits New 1-Year High at $15.20

ADF Group Inc. (TSE:DRX) shares reached a new 52-week high during trading on Friday . The stock traded as high as C$15.20 and last traded at C$15.09, with a volume of 154318 shares traded. The stock had previously closed at C$14.13.

ADF Group Stock Performance

The company has a market cap of C$275.23 million, a price-to-earnings ratio of 16.71 and a beta of 0.80. The firm has a 50-day simple moving average of C$10.28 and a 200 day simple moving average of C$7.76. The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20.

ADF Group (TSE:DRX) last released its earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.06. The business had revenue of C$88.39 million for the quarter, compared to analyst estimates of C$77.10 million. ADF Group had a return on equity of 21.20% and a net margin of 10.01%. On average, sell-side analysts predict that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

ADF Group Announces Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 26th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, April 25th. ADF Group’s payout ratio is currently 2.22%.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.