ADF Group (TSE:DRX) Shares Up 19.9% – Still a Buy?

ADF Group Inc. (TSE:DRXGet Free Report) shares rose 19.9% during trading on Tuesday . The stock traded as high as C$8.38 and last traded at C$8.14. Approximately 147,152 shares changed hands during trading, an increase of 60% from the average daily volume of 91,732 shares. The stock had previously closed at C$6.79.

ADF Group Trading Up 22.7%

The company has a market cap of C$248.96 million, a price-to-earnings ratio of 4.34 and a beta of 0.57. The company’s 50 day moving average price is C$6.67 and its 200 day moving average price is C$7.95. The company has a debt-to-equity ratio of 28.51, a quick ratio of 1.74 and a current ratio of 2.22.

ADF Group Company Profile

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ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company’s products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures.

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