ADF Group (TSE:DRX) Reaches New 12-Month High at $14.12

ADF Group Inc. (TSE:DRX) shares hit a new 52-week high on Thursday . The stock traded as high as C$14.12 and last traded at C$13.94, with a volume of 164607 shares trading hands. The stock had previously closed at C$13.17.

ADF Group Price Performance

The company has a market capitalization of C$260.78 million, a P/E ratio of 15.83 and a beta of 0.80. The company’s 50-day moving average price is C$9.70 and its two-hundred day moving average price is C$7.41. The company has a debt-to-equity ratio of 32.20, a current ratio of 1.96 and a quick ratio of 1.74.

ADF Group (TSE:DRX) last issued its quarterly earnings data on Thursday, April 11th. The company reported C$0.32 earnings per share for the quarter, beating the consensus estimate of C$0.26 by C$0.06. The company had revenue of C$88.39 million for the quarter, compared to analyst estimates of C$77.10 million. ADF Group had a net margin of 10.01% and a return on equity of 21.20%. As a group, sell-side analysts expect that ADF Group Inc. will post 0.2 EPS for the current year.

ADF Group Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 26th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, April 25th. ADF Group’s payout ratio is presently 2.22%.

About ADF Group

ADF Group Inc engages in the design and engineering of connections 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.