ADF Group (TSE:DRX) Sets New 52-Week High – What’s Next?

ADF Group Inc. (TSE:DRX)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$13.88 and last traded at C$13.74, with a volume of 126724 shares. The stock had previously closed at C$13.38.

ADF Group Trading Up 3.5%

The firm has a market capitalization of C$395.46 million, a price-to-earnings ratio of 14.89 and a beta of -0.29. The company has a fifty day moving average price of C$10.21 and a two-hundred day moving average price of C$9.37. The company has a current ratio of 2.21, a quick ratio of 1.74 and a debt-to-equity ratio of 22.67.

ADF Group (TSE:DRX) last issued its earnings results on Tuesday, June 9th. The company reported C$0.42 earnings per share for the quarter. The business had revenue of C$99.26 million for the quarter. ADF Group had a return on equity of 15.07% and a net margin of 10.17%. As a group, research analysts forecast that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

About ADF Group

ADF Group Inc is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group Inc is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors.