ADF Group (TSE:DRX) Stock Crosses Above 200-Day Moving Average of $7.67

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$7.67 and traded as high as C$14.53. ADF Group shares last traded at C$14.13, with a volume of 64,219 shares trading hands.

ADF Group Price Performance

The stock has a market cap of C$275.23 million, a P/E ratio of 16.71 and a beta of 0.80. The company has a 50 day simple moving average of C$10.28 and a 200 day simple moving average of C$7.74. The company has a current ratio of 1.96, a quick ratio of 1.74 and a debt-to-equity ratio of 32.20.

ADF Group (TSE:DRX) last announced its quarterly earnings data on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of C$88.39 million for the quarter, compared to analysts’ expectations of C$77.10 million. Sell-side analysts forecast that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

ADF Group Dividend Announcement

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