ADF Group (TSE:DRX) Shares Pass Above 200 Day Moving Average – Time to Sell?

ADF Group Inc. (TSE:DRX) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$9.73 and traded as high as C$15.29. ADF Group shares last traded at C$14.42, with a volume of 117,812 shares.

ADF Group Trading Down 3.0%

The stock’s fifty day moving average price is C$10.96 and its 200 day moving average price is C$9.73. The company has a quick ratio of 1.74, a current ratio of 2.20 and a debt-to-equity ratio of 20.56. The stock has a market cap of C$411.73 million, a PE ratio of 13.73 and a beta of -0.29.

ADF Group (TSE:DRX) last announced its quarterly earnings results on Tuesday, June 9th. The company reported C$0.42 earnings per share for the quarter. ADF Group had a net margin of 9.79% and a return on equity of 16.30%. The company had revenue of C$99.26 million during the quarter. On average, sell-side analysts forecast that ADF Group Inc. will post 0.2 EPS for the current year.

About ADF Group

ADF Group Inc is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group Inc is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors.