ADF Group (TSE:DRX) Sets New 12-Month Low – What’s Next?

ADF Group Inc. (TSE:DRXGet Free Report) shares hit a new 52-week low on Friday . The company traded as low as C$6.97 and last traded at C$7.03, with a volume of 68728 shares changing hands. The stock had previously closed at C$7.20.

ADF Group Price Performance

The company’s fifty day moving average price is C$8.14 and its two-hundred day moving average price is C$9.34. The company has a quick ratio of 1.74, a current ratio of 2.22 and a debt-to-equity ratio of 28.51. The company has a market cap of C$212.20 million, a price-to-earnings ratio of 3.70 and a beta of 0.57.

ADF Group Company Profile

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ADF Group Inc engages in the design and engineering of connections including industrial coatings 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.

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