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ADF Group (TSE:DRX) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

ADF Group logo with Industrials background

Key Points

  • ADF Group Inc. (TSE:DRX) shares have surpassed their 200-day moving average of C$7.66, reaching a high of C$9.05 during trading.
  • The company's market cap is C$265.40 million, with a price-to-earnings ratio of 4.63, indicating potentially attractive valuation metrics for investors.
  • ADF Group specializes in the design and engineering of steel structures for various sectors in the non-residential construction industry, including office towers and industrial complexes.
  • 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)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.66 and traded as high as C$9.05. ADF Group shares last traded at C$8.88, with a volume of 43,196 shares trading hands.

ADF Group Price Performance

The company has a market capitalization of C$260.02 million, a PE ratio of 4.54 and a beta of 0.57. The company has a current ratio of 2.22, a quick ratio of 1.74 and a debt-to-equity ratio of 28.51. The stock has a fifty day simple moving average of C$8.01 and a 200-day simple moving average of C$7.64.

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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