ADF Group (TSE:DRX) Stock Crosses Above 200 Day Moving Average – What’s Next?

ADF Group Inc. (TSE:DRX)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$9.73 and traded as high as C$15.29. ADF Group shares last traded at C$14.42, with a volume of 117,812 shares.

ADF Group Trading Down 0.3%

The company has a market cap of C$410.31 million, a P/E ratio of 13.69 and a beta of -0.29. The firm’s 50 day moving average is C$11.05 and its two-hundred day moving average is C$9.77. The company has a quick ratio of 1.74, a current ratio of 2.20 and a debt-to-equity ratio of 20.56.

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. The business had revenue of C$99.26 million during the quarter. ADF Group had a return on equity of 16.30% and a net margin of 9.79%. As a group, equities research analysts anticipate 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.