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ADF Group (TSE:DRX) Shares Cross Below Two Hundred Day Moving Average - What's Next?

ADF Group logo with Industrials background

ADF Group Inc. (TSE:DRX - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.92 and traded as low as C$7.90. ADF Group shares last traded at C$8.03, with a volume of 23,356 shares trading hands.

ADF Group Price Performance

The company has a market cap of C$240.00 million, a PE ratio of 4.19 and a beta of 0.57. The company has a quick ratio of 1.74, a current ratio of 2.22 and a debt-to-equity ratio of 28.51. The firm has a 50 day simple moving average of C$6.96 and a 200-day simple moving average of C$7.91.

About ADF Group

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ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures.

Further Reading

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