ADF Group (TSE:DRX) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of ADF Group Inc. (TSE:DRXGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.

ADF Group Trading Down 2.5 %

The firm’s fifty day moving average price is C$9.65 and its 200-day moving average price is C$12.21. The company has a market cap of C$176.93 million, a price-to-earnings ratio of 6.06 and a beta of 0.57. The company has a debt-to-equity ratio of 32.32, a current ratio of 2.11 and a quick ratio of 1.74.

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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