ADF Group (TSE:DRX) Share Price Passes Below 200 Day Moving Average – Should You Sell?

ADF Group Inc. (TSE:DRXGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.51 and traded as low as C$7.44. ADF Group shares last traded at C$7.54, with a volume of 53,591 shares trading hands.

ADF Group Stock Down 1.6 %

The company has a debt-to-equity ratio of 28.51, a quick ratio of 1.74 and a current ratio of 2.22. The firm has a fifty day moving average price of C$8.22 and a 200 day moving average price of C$9.49. The firm has a market capitalization of C$225.35 million, a price-to-earnings ratio of 3.93 and a beta of 0.57.

About ADF Group

(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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