ADF Group (TSE:DRX) Sets New 1-Year High at $15.20

Shares of ADF Group Inc. (TSE:DRX) hit a new 52-week high during trading on Friday . The stock traded as high as C$15.20 and last traded at C$15.09, with a volume of 154318 shares trading hands. The stock had previously closed at C$14.13.

ADF Group Stock Performance

The stock’s 50-day moving average price is C$10.16 and its 200 day moving average price is C$7.67. 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 company has a market cap of C$275.23 million, a P/E ratio of 16.79 and a beta of 0.80.

ADF Group (TSE:DRX) last posted its earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.06. The business had revenue of C$88.39 million for the quarter, compared to analyst estimates of C$77.10 million. ADF Group had a net margin of 10.01% and a return on equity of 21.20%. As a group, research analysts expect that ADF Group Inc. will post 0.2 EPS for the current fiscal year.

ADF Group Announces Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 26th will be issued a dividend of $0.01 per share. The ex-dividend date is Thursday, April 25th. ADF Group’s dividend payout ratio (DPR) is presently 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.