ADF Group (TSE:DRX) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

ADF Group Inc. (TSE:DRX) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.83 and traded as low as C$7.31. ADF Group shares last traded at C$7.31, with a volume of 71,849 shares traded.

ADF Group Stock Performance

The company has a market cap of C$205.43 million, a price-to-earnings ratio of 6.09 and a beta of -1.41. The company has a debt-to-equity ratio of 28.51, a current ratio of 2.22 and a quick ratio of 1.74. The stock has a 50-day moving average price of C$8.36 and a 200 day moving average price of C$7.83.

ADF Group Announces Dividend

The firm also recently declared a half year 25 dividend, which was paid on Thursday, October 16th. Stockholders of record on Friday, September 26th were given a dividend of $0.02 per share. ADF Group’s dividend payout ratio is currently 3.33%.

ADF Group Company Profile

ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company’s products and services intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures.