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

ADF Group logo with Industrials background

Shares of ADF Group Inc. (TSE:DRX - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.69 and traded as low as C$7.47. ADF Group shares last traded at C$7.51, with a volume of 39,244 shares.

ADF Group Stock Down 0.5%

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 has a market capitalization of C$227.15 million, a price-to-earnings ratio of 3.96 and a beta of 0.57. The stock's fifty day moving average price is C$7.64 and its 200-day moving average price is C$7.65.

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.

Further Reading

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