ADF Group (TSE:DRX) Reaches New 52-Week High – Here’s What Happened

ADF Group Inc. (TSE:DRX)’s stock price hit a new 52-week high on Friday . The company traded as high as C$18.39 and last traded at C$18.37, with a volume of 77828 shares trading hands. The stock had previously closed at C$17.76.

ADF Group Stock Up 3.5%

The firm has a market cap of C$525.09 million, a P/E ratio of 17.51 and a beta of -0.61. The firm’s 50 day moving average is C$14.47 and its two-hundred day moving average is C$11.27. The company has a current ratio of 2.20, a quick ratio of 1.74 and a debt-to-equity ratio of 20.56.

ADF Group (TSE:DRX) last issued its earnings results on Tuesday, June 9th. The company reported C$0.42 EPS for the quarter. The firm had revenue of C$99.26 million during the quarter. ADF Group had a net margin of 9.79% and a return on equity of 16.30%. As a group, research analysts anticipate that ADF Group Inc. will post 0.2 EPS for the current fiscal 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.