ADF Group (TSE:DRX) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

ADF Group Inc. (TSE:DRXGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$9.71 and traded as low as C$7.50. ADF Group shares last traded at C$7.59, with a volume of 64,356 shares traded.

ADF Group Price Performance

The company’s 50 day moving average is C$8.36 and its 200 day moving average is C$9.70. The company has a current ratio of 2.22, a quick ratio of 1.74 and a debt-to-equity ratio of 28.51. The stock has a market capitalization of C$236.11 million, a price-to-earnings ratio of 4.12 and a beta of 0.57.

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.

Further Reading

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