ADF Group (TSE:DRX) Trading Down 9.2% – Time to Sell?

ADF Group Inc. (TSE:DRX)’s stock price was down 9.2% during trading on Thursday . The company traded as low as C$9.38 and last traded at C$9.72. Approximately 103,388 shares were traded during mid-day trading, an increase of 94% from the average daily volume of 53,286 shares. The stock had previously closed at C$10.71.

ADF Group Price Performance

The company has a current ratio of 2.27, a quick ratio of 1.74 and a debt-to-equity ratio of 23.59. The company has a market cap of C$260.12 million, a P/E ratio of 9.02 and a beta of -0.65. The business’s fifty day moving average is C$9.76 and its 200 day moving average is C$8.66.

ADF Group (TSE:DRX) last posted its quarterly earnings results on Thursday, April 16th. The company reported C$0.23 EPS for the quarter. ADF Group had a net margin of 11.29% and a return on equity of 16.99%. The company had revenue of C$78.79 million for the quarter. As a group, sell-side analysts anticipate that ADF Group Inc. will post 0.2 EPS for the current year.

About ADF Group

ADF Group Inc is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group Inc is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors.