ADF Group (TSE:DRX) Shares Up 24.2% – Should You Buy?

ADF Group Inc. (TSE:DRX)’s stock price was up 24.2% during trading on Tuesday . The stock traded as high as C$13.00 and last traded at C$12.78. Approximately 370,647 shares were traded during trading, an increase of 483% from the average daily volume of 63,572 shares. The stock had previously closed at C$10.29.

ADF Group Price Performance

The company has a current ratio of 2.21, a quick ratio of 1.74 and a debt-to-equity ratio of 22.67. The company has a market capitalization of C$381.18 million, a PE ratio of 14.35 and a beta of -0.29. The stock’s 50-day moving average is C$10.12 and its two-hundred day moving average is C$9.32.

ADF Group (TSE:DRX) last announced its earnings results on Tuesday, June 9th. The company reported C$0.42 earnings per share (EPS) for the quarter. ADF Group had a return on equity of 15.07% and a net margin of 10.17%.The business had revenue of C$99.26 million during the quarter. On average, equities analysts predict that ADF Group Inc. will post 0.2 EPS 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.