ADF Group (TSE:DRX) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

ADF Group Inc. (TSE:DRX)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.83 and traded as low as C$7.31. ADF Group shares last traded at C$7.31, with a volume of 71,849 shares changing hands.

ADF Group Stock Down 4.7%

The firm has a 50 day simple moving average of C$8.36 and a two-hundred day simple moving average of C$7.83. The company has a debt-to-equity ratio of 28.51, a current ratio of 2.22 and a quick ratio of 1.74. The stock has a market cap of C$205.43 million, a price-to-earnings ratio of 6.09 and a beta of -1.41.

ADF Group Announces Dividend

The business also recently announced a half year 25 dividend, which was paid on Thursday, October 16th. Shareholders of record on Friday, September 26th were paid a $0.02 dividend. ADF Group’s payout ratio is 3.33%.

ADF Group Company Profile

ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company’s products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures.