ADF Group (TSE:DRX) Sets New 52-Week High at $14.12

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

ADF Group Trading Up 5.5 %

The business’s fifty day moving average is C$9.46 and its 200-day moving average is C$7.30. The firm has a market cap of C$254.37 million, a P/E ratio of 14.63 and a beta of 0.80. The company has a debt-to-equity ratio of 32.20, a quick ratio of 1.74 and a current ratio of 1.96.

ADF Group (TSE:DRX) last issued its quarterly earnings data on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.06. ADF Group had a net margin of 10.01% and a return on equity of 21.20%. The business had revenue of C$88.39 million during the quarter, compared to analyst estimates of C$77.10 million. Analysts predict that ADF Group Inc. will post 0.2 EPS for the current year.

ADF Group Announces Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 26th will be issued a dividend of $0.01 per share. The ex-dividend date is Thursday, April 25th. ADF Group’s payout ratio is 2.22%.

About ADF Group

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.