ADF Group (TSE:DRX) Hits New 1-Year High – What’s Next?

Shares of ADF Group Inc. (TSE:DRX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$17.70 and last traded at C$17.70, with a volume of 181756 shares traded. The stock had previously closed at C$15.05.

ADF Group Stock Performance

The firm has a market cap of C$507.67 million, a P/E ratio of 16.93 and a beta of -0.29. The company has a debt-to-equity ratio of 20.56, a quick ratio of 1.74 and a current ratio of 2.20. The business’s 50-day simple moving average is C$11.49 and its 200 day simple moving average is C$10.07.

ADF Group (TSE:DRX) last released its quarterly earnings results on Tuesday, June 9th. The company reported C$0.42 earnings per share for the quarter. The firm had revenue of C$99.26 million for the quarter. ADF Group had a return on equity of 16.30% and a net margin of 9.79%. As a group, equities analysts predict that ADF Group Inc. will post 0.2 earnings per share for the current year.

ADF Group Company Profile

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.