ADF Group (TSE:DRX) Stock Price Crosses Below 200-Day Moving Average of $13.52

ADF Group Inc. (TSE:DRX) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$13.52 and traded as low as C$10.95. ADF Group shares last traded at C$11.04, with a volume of 142,284 shares.

ADF Group Stock Performance

The stock has a 50-day simple moving average of C$12.99 and a 200 day simple moving average of C$13.52. The company has a debt-to-equity ratio of 32.32, a current ratio of 2.11 and a quick ratio of 1.74. The company has a market capitalization of C$196.51 million, a PE ratio of 6.73 and a beta of 0.62.

ADF Group Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, October 17th. Stockholders of record on Friday, September 27th will be given a $0.02 dividend. This is an increase from ADF Group’s previous Semi-Annual dividend of $0.01. The ex-dividend date is Friday, September 27th. ADF Group’s dividend payout ratio is currently 2.44%.

ADF Group Company Profile

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.