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ADF Group (TSE:DRX) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

ADF Group logo with Industrials background

Key Points

  • ADF Group Inc. stock has surpassed its 200-day moving average, trading at C$8.70 compared to the average of C$7.65.
  • The company holds a market cap of C$260.02 million and exhibits a price-to-earnings ratio of 4.54.
  • ADF Group specializes in design, engineering, fabrication, and installation of steel structures for various sectors in the non-residential construction industry.
  • Looking to export and analyze ADF Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

ADF Group Inc. (TSE:DRX - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.65 and traded as high as C$8.83. ADF Group shares last traded at C$8.70, with a volume of 19,778 shares.

ADF Group Price Performance

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 company's fifty day moving average price is C$8.24 and its 200-day moving average price is C$7.64. The stock has a market capitalization of C$263.31 million, a PE ratio of 4.60 and a beta of 0.57.

About ADF Group

(Get Free Report)

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.

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