ADF Group (TSE:DRX) Shares Up 1% – Time to Buy?

Shares of ADF Group Inc. (TSE:DRX) were up 1% on Friday . The stock traded as high as C$10.38 and last traded at C$9.70. Approximately 214,158 shares traded hands during trading, an increase of 65% from the average daily volume of 129,932 shares. The stock had previously closed at C$9.60.

ADF Group Trading Up 1.0 %

The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 32.32. The company’s 50-day moving average is C$9.68 and its 200-day moving average is C$12.53. The stock has a market capitalization of C$172.66 million, a price-to-earnings ratio of 5.91 and a beta of 0.57.

ADF Group (TSE:DRX) last announced its quarterly earnings results on Thursday, September 12th. The company reported C$0.51 EPS for the quarter, beating the consensus estimate of C$0.39 by C$0.12. ADF Group had a return on equity of 37.06% and a net margin of 15.02%. The business had revenue of C$74.88 million for the quarter, compared to analyst estimates of C$92.60 million. Research analysts anticipate that ADF Group Inc. will post 0.2 earnings per share for the current fiscal year.

ADF Group Company Profile

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.