ADF Group (TSE:DRX) Reaches New 12-Month High – Should You Buy?

ADF Group Inc. (TSE:DRX)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$11.65 and last traded at C$11.08, with a volume of 37558 shares. The stock had previously closed at C$10.92.

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 business has a 50-day moving average price of C$10.04 and a two-hundred day moving average price of C$9.25. The firm has a market capitalization of C$331.21 million, a price-to-earnings ratio of 12.47 and a beta of -0.79.

ADF Group (TSE:DRX) last announced its quarterly earnings results on Thursday, April 16th. The company reported C$0.23 earnings per share for the quarter. The business had revenue of C$78.79 million for the quarter. ADF Group had a return on equity of 15.07% and a net margin of 10.17%. As a group, research analysts forecast 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.