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ADF Group (TSE:DRX) Trading Up 19.9% - Still a Buy?

ADF Group logo with Industrials background

ADF Group Inc. (TSE:DRX - Get Free Report) was up 19.9% during trading on Tuesday . The company traded as high as C$8.38 and last traded at C$8.14. Approximately 147,152 shares changed hands during trading, an increase of 60% from the average daily volume of 91,732 shares. The stock had previously closed at C$6.79.

ADF Group Stock Down 2.2%

The firm has a market cap of C$257.63 million, a price-to-earnings ratio of 4.50 and a beta of 0.57. The business's 50 day moving average price is C$6.70 and its 200 day moving average price is C$7.95. The company has a debt-to-equity ratio of 28.51, a quick ratio of 1.74 and a current ratio of 2.22.

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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