ADF Group (TSE:DRX) Hits New 52-Week Low – Should You Sell?

ADF Group Inc. (TSE:DRXGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$6.97 and last traded at C$7.03, with a volume of 68728 shares. The stock had previously closed at C$7.20.

ADF Group Price Performance

The business has a 50-day simple moving average of C$8.10 and a two-hundred day simple moving average of C$9.30. 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 stock has a market capitalization of C$211.61 million, a price-to-earnings ratio of 3.69 and a beta of 0.57.

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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