ADF Group (TSE:DRX) Hits New 52-Week Low – Here’s What Happened

ADF Group Inc. (TSE:DRXGet Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$6.75 and last traded at C$6.94, with a volume of 80022 shares trading hands. The stock had previously closed at C$7.26.

ADF Group Price Performance

The firm has a market capitalization of C$207.72 million, a price-to-earnings ratio of 3.63 and a beta of 0.57. The company’s 50 day moving average is C$7.91 and its 200 day moving average is C$9.12. The company has a quick ratio of 1.74, a current ratio of 2.22 and a debt-to-equity ratio of 28.51.

About ADF Group

(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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