ADF Group (TSE:DRX) Stock Crosses Above 200 Day Moving Average – Should You Sell?

ADF Group Inc. (TSE:DRX) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.02 and traded as high as C$8.65. ADF Group shares last traded at C$8.23, with a volume of 37,383 shares traded.

ADF Group Trading Down 3.6%

The stock has a market capitalization of C$231.29 million, a P/E ratio of 6.86 and a beta of -1.35. The stock has a 50-day moving average price of C$7.51 and a two-hundred day moving average price of C$8.02. The company has a debt-to-equity ratio of 28.51, a quick ratio of 1.74 and a current ratio of 2.22.

ADF Group (TSE:DRX) last issued its quarterly earnings data on Thursday, December 11th. The company reported C$0.36 EPS for the quarter. ADF Group had a net margin of 16.60% and a return on equity of 35.82%. The business had revenue of C$71.41 million during the quarter. On average, research analysts forecast that ADF Group Inc. will post 0.2 EPS for the current fiscal year.

ADF Group Company Profile

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.