ADF Group (TSE:DRX) Reaches New 12-Month High – Still a Buy?

Shares of ADF Group Inc. (TSE:DRX) reached a new 52-week high on Tuesday . The stock traded as high as C$11.65 and last traded at C$11.08, with a volume of 37558 shares. The stock had previously closed at C$10.92.

ADF Group Stock Up 1.5%

The company has a 50 day moving average price of C$9.94 and a two-hundred day moving average price of C$9.19. The company has a debt-to-equity ratio of 22.67, a current ratio of 2.21 and a quick ratio of 1.74. The stock has a market cap of C$316.37 million, a PE ratio of 11.91 and a beta of -0.79.

ADF Group (TSE:DRX) last posted its quarterly earnings results on Thursday, April 16th. The company reported C$0.23 earnings per share for the quarter. ADF Group had a return on equity of 15.07% and a net margin of 10.17%.The firm had revenue of C$78.79 million during the quarter. Analysts expect that ADF Group Inc. will post 0.2 EPS for the current 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.