ADF Group (TSE:DRX) Sets New 12-Month High – Still a Buy?

ADF Group Inc. (TSE:DRX) shares hit a new 52-week high on Friday . The company traded as high as C$18.39 and last traded at C$18.37, with a volume of 77828 shares changing hands. The stock had previously closed at C$17.76.

ADF Group Stock Performance

The stock has a market capitalization of C$521.09 million, a price-to-earnings ratio of 17.38 and a beta of -0.61. The company has a current ratio of 2.20, a quick ratio of 1.74 and a debt-to-equity ratio of 20.56. The firm has a 50-day moving average of C$14.30 and a 200-day moving average of C$11.22.

ADF Group (TSE:DRX) last posted its quarterly earnings results on Tuesday, June 9th. The company reported C$0.42 earnings per share for the quarter. ADF Group had a return on equity of 16.30% and a net margin of 9.79%.The business had revenue of C$99.26 million for the quarter. As a group, sell-side analysts predict that ADF Group Inc. will post 0.2 earnings per share for the current year.

About ADF Group

ADF Group Inc is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group Inc is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors.