ADF Group (TSE:DRX) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

ADF Group Inc. (TSE:DRX) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.25 and traded as high as C$8.40. ADF Group shares last traded at C$8.33, with a volume of 49,441 shares changing hands.

ADF Group Stock Down 0.1%

The company has a debt-to-equity ratio of 28.51, a current ratio of 2.22 and a quick ratio of 1.74. The business’s 50 day moving average price is C$8.27 and its 200 day moving average price is C$8.25. The firm has a market cap of C$237.85 million, a PE ratio of 8.25 and a beta of -1.32.

ADF Group (TSE:DRX) last posted its quarterly earnings data on Thursday, December 11th. The company reported C$0.36 EPS for the quarter. ADF Group had a return on equity of 35.82% and a net margin of 16.60%.The firm had revenue of C$71.41 million during the quarter. On average, equities research analysts expect that ADF Group Inc. will post 0.2 earnings per share for the current year.

ADF Group Company Profile

ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company’s products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators.