ADF Group (TSE:DRX) Sets New 52-Week High at $15.20

ADF Group Inc. (TSE:DRX)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$15.20 and last traded at C$15.09, with a volume of 154318 shares trading hands. The stock had previously closed at C$14.13.

ADF Group Stock Up 6.4 %

The stock has a 50 day moving average price of C$10.16 and a 200 day moving average price of C$7.67. The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20. The stock has a market capitalization of C$275.23 million, a price-to-earnings ratio of 16.79 and a beta of 0.80.

ADF Group (TSE:DRX) last released its quarterly earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of C$88.39 million during the quarter, compared to the consensus estimate of C$77.10 million. As a group, analysts forecast that ADF Group Inc. will post 0.2 EPS for the current year.

ADF Group Announces Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 26th will be given a $0.01 dividend. The ex-dividend date is Thursday, April 25th. ADF Group’s dividend payout ratio (DPR) is presently 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.