ADF Group (TSE:DRX) Reaches New 52-Week High - What's Next?

Key Points

• New 52‑week high: ADF Group shares hit C$11.60 intraday and last traded at C$11.28 on volume of 40,757 shares, trading up about 1.4%.
• Valuation & balance sheet: Market cap C$320.94M with a P/E of 11.13 and beta -0.65; debt/equity is 23.59 while the current and quick ratios are 2.27 and 1.74, respectively.
• Business profile: ADF Group is a North American leader in designing, fabricating and installing complex steel structures and is capable of handling technically complex mega projects on fast‑track schedules.

ADF Group Inc. (TSE:DRX - ) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$11.60 and last traded at C$11.28, with a volume of 40757 shares. The stock had previously closed at C$11.09.

ADF Group Trading Up 1.4%

The stock has a market cap of C$320.94 million, a P/E ratio of 11.13 and a beta of -0.65. The company has a debt-to-equity ratio of 23.59, a current ratio of 2.27 and a quick ratio of 1.74. The business's 50 day simple moving average is C$9.70 and its 200 day simple moving average is C$8.61.

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.

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