ADF Group (TSE:DRX) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of ADF Group Inc. (TSE:DRXGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.58 and traded as low as C$7.95. ADF Group shares last traded at C$8.17, with a volume of 270,943 shares traded.

ADF Group Price Performance

The stock has a market cap of C$145.43 million, a P/E ratio of 4.98 and a beta of 0.57. The company has a debt-to-equity ratio of 32.32, a quick ratio of 1.74 and a current ratio of 2.11. The firm has a 50-day moving average price of C$9.24 and a 200-day moving average price of C$10.58.

ADF Group Company Profile

(Get Free Report)

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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