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ADF Group (TSE:DRX) Shares Pass Below 200 Day Moving Average - Here's What Happened

ADF Group logo with Industrials background

ADF Group Inc. (TSE:DRX - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.52 and traded as low as C$6.10. ADF Group shares last traded at C$6.21, with a volume of 27,860 shares changing hands.

ADF Group Price Performance

The stock has a market cap of C$186.80 million, a PE ratio of 3.26 and a beta of 0.57. The business has a fifty day simple moving average of C$7.02 and a two-hundred day simple moving average of C$8.43. The company has a current ratio of 2.22, a quick ratio of 1.74 and a debt-to-equity ratio of 28.51.

ADF Group Company Profile

(Get Free Report)

ADF Group Inc engages in the design and engineering of connections including industrial coatings 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.

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