ADF Group (TSE:DRX) Reaches New 12-Month High at $14.12

Shares of ADF Group Inc. (TSE:DRX) reached a new 52-week high on Thursday . The stock traded as high as C$14.12 and last traded at C$13.94, with a volume of 164607 shares traded. The stock had previously closed at C$13.17.

ADF Group Stock Performance

The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20. The company’s 50-day moving average is C$9.70 and its two-hundred day moving average is C$7.41. The company has a market capitalization of C$260.78 million, a P/E ratio of 15.83 and a beta of 0.80.

ADF Group (TSE:DRX) last posted its quarterly earnings data on Thursday, April 11th. The company reported C$0.32 earnings per share for the quarter, topping the consensus estimate of C$0.26 by C$0.06. The company had revenue of C$88.39 million for the quarter, compared to analysts’ expectations of C$77.10 million. ADF Group had a net margin of 10.01% and a return on equity of 21.20%. Equities analysts anticipate that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

ADF Group Announces Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 26th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Thursday, April 25th. ADF Group’s dividend 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.