ADF Group (TSE:DRX) Sets New 1-Year High at $15.61

ADF Group Inc. (TSE:DRX) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$15.61 and last traded at C$15.39, with a volume of 213838 shares. The stock had previously closed at C$14.37.

ADF Group Trading Up 5.6 %

The company has a 50 day moving average of C$10.93 and a 200-day moving average of C$8.18. The company has a debt-to-equity ratio of 32.20, a quick ratio of 1.74 and a current ratio of 1.96. The stock has a market cap of C$277.79 million, a price-to-earnings ratio of 16.87 and a beta of 0.80.

ADF Group (TSE:DRX) last posted its quarterly earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.06. The company had revenue of C$88.39 million for the quarter, compared to analyst estimates of C$77.10 million. ADF Group had a return on equity of 21.20% and a net margin of 10.01%. On average, research analysts anticipate that ADF Group Inc. will post 0.2 earnings per share for the current year.

ADF Group Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 26th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, April 25th. ADF Group’s payout ratio is 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.