ADF Group (TSE:DRX) Shares Up 1.4% – Time to Buy?

ADF Group Inc. (TSE:DRX) rose 1.4% during mid-day trading on Friday. The stock traded as high as C$17.14 and last traded at C$16.98. 29,177 shares traded hands during trading, a decline of 54% from the average daily volume of 62,831 shares. The stock had previously closed at C$16.74.

ADF Group Trading Up 1.4%

The company has a current ratio of 2.03, a quick ratio of 1.74 and a debt-to-equity ratio of 19.20. The business has a 50 day moving average price of C$15.27 and a 200-day moving average price of C$12.94. The firm has a market capitalization of C$484.83 million, a PE ratio of 15.30 and a beta of -0.30.

ADF Group (TSE:DRX) last announced its quarterly earnings data on Thursday, September 10th. The company reported C$0.10 earnings per share for the quarter. The firm had revenue of C$95.03 million for the quarter. ADF Group had a return on equity of 16.61% and a net margin of 9.19%. Analysts expect that ADF Group Inc. will post 0.20 earnings per share for the current year.

About ADF Group

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.