ADF Group Inc. (TSE:DRX – Get Free Report)’s share price rose 22.9% on Wednesday . The stock traded as high as C$8.96 and last traded at C$8.90. Approximately 113,631 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 121,823 shares. The stock had previously closed at C$7.24.
ADF Group Stock Up 17.7 %
The business has a 50-day simple moving average of C$8.85 and a two-hundred day simple moving average of C$10.15. The company has a quick ratio of 1.74, a current ratio of 2.22 and a debt-to-equity ratio of 28.51. The company has a market cap of C$254.64 million, a price-to-earnings ratio of 4.44 and a beta of 0.57.
About ADF Group
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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