ADF Group (TSE:DRX) Sets New 1-Year High – Time to Buy?

Shares of ADF Group Inc. (TSE:DRX) hit a new 52-week high during trading on Friday . The stock traded as high as C$10.80 and last traded at C$10.69, with a volume of 74663 shares. The stock had previously closed at C$10.01.

ADF Group Stock Performance

The company’s fifty day simple moving average is C$8.96 and its two-hundred day simple moving average is C$8.36. The company has a debt-to-equity ratio of 28.51, a quick ratio of 1.74 and a current ratio of 2.22. The stock has a market capitalization of C$300.66 million, a P/E ratio of 10.43 and a beta of -1.44.

ADF Group (TSE:DRX) last announced its earnings results on Thursday, December 11th. The company reported C$0.36 earnings per share for the quarter. ADF Group had a return on equity of 35.82% and a net margin of 16.60%.The company had revenue of C$71.41 million for the quarter. As a group, equities analysts forecast that ADF Group Inc. will post 0.2 EPS 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.