ADF Group Inc. (TSE:DRX - Get Free Report)'s stock price reached a new 52-week high on Friday following a better than expected earnings announcement. The company traded as high as C$12.80 and last traded at C$12.30, with a volume of 179296 shares. The stock had previously closed at C$11.80.
The company reported C$0.32 earnings per share for the quarter, topping the consensus estimate of C$0.26 by C$0.06. ADF Group had a return on equity of 21.20% and a net margin of 10.01%. The firm had revenue of C$88.39 million for the quarter, compared to analyst estimates of C$77.10 million.
ADF Group Price Performance
The company has a 50 day moving average of C$9.21 and a two-hundred day moving average of C$7.11. The firm has a market cap of C$228.38 million, a P/E ratio of 13.87 and a beta of 0.80. The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20.
About ADF Group
(
Get Free Report)
ADF Group Inc engages in the design and engineering of connections 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.
See Also
Before you consider ADF Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADF Group wasn't on the list.
While ADF Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
