ADF Group (TSE:DRX) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

ADF Group Inc. (TSE:DRX) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$9.38 and traded as high as C$9.50. ADF Group shares last traded at C$9.42, with a volume of 57,780 shares.

ADF Group Stock Performance

The company has a fifty day moving average of C$9.38 and a two-hundred day moving average of C$8.49. The firm has a market capitalization of C$268.97 million, a price-to-earnings ratio of 9.33 and a beta of -1.13. The company has a debt-to-equity ratio of 23.59, a quick ratio of 1.74 and a current ratio of 2.27.

ADF Group (TSE:DRX) last issued its quarterly earnings data on Thursday, December 11th. The company reported C$0.36 EPS for the quarter. ADF Group had a return on equity of 16.99% and a net margin of 11.29%.The firm had revenue of C$71.41 million for the quarter. As a group, equities research analysts predict that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

About ADF Group

ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company’s products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators.