ADF Group (TSE:DRX) Hits New 1-Year High at $14.12

ADF Group Inc. (TSE:DRX)’s stock price hit a new 52-week high on Thursday . The stock traded as high as C$14.12 and last traded at C$13.94, with a volume of 164607 shares changing hands. The stock had previously closed at C$13.17.

ADF Group Price Performance

The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20. The firm has a fifty day moving average price of C$9.46 and a two-hundred day moving average price of C$7.30. The stock has a market capitalization of C$254.37 million, a P/E ratio of 14.63 and a beta of 0.80.

ADF Group (TSE:DRX) last issued its quarterly earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of C$77.10 million. On average, analysts expect that ADF Group Inc. will post 0.2 EPS for the current year.

ADF Group Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 26th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, April 25th. ADF Group’s payout ratio is 2.22%.

ADF Group Company Profile

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.