ADF Group (TSE:DRX) Stock Passes Below 200-Day Moving Average – What’s Next?

by · The Cerbat Gem

ADF Group Inc. (TSE:DRX – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$12.21 and traded as low as C$9.80. ADF Group shares last traded at C$9.94, with a volume of 128,816 shares changing hands.

ADF Group Stock Down 0.9 %

The company has a 50-day simple moving average of C$9.64 and a 200 day simple moving average of C$12.11. The company has a market cap of C$175.33 million, a P/E ratio of 6.01 and a beta of 0.57. The company has a current ratio of 2.11, a quick ratio of 1.74 and a debt-to-equity ratio of 32.32.

ADF Group Company Profile

(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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