ADF Group Inc. (TSE:DRX – Get Free Report) shares shot up 22.9% on Wednesday . The stock traded as high as C$8.96 and last traded at C$8.90. 113,631 shares traded hands during trading, a decline of 7% from the average session volume of 121,823 shares. The stock had previously closed at C$7.24.
ADF Group Stock Performance
The company’s fifty day moving average is C$8.85 and its 200 day moving average is C$10.15. The company has a market capitalization of C$254.64 million, a P/E ratio of 4.44 and a beta of 0.57. The company has a current ratio of 2.22, a quick ratio of 1.74 and a debt-to-equity ratio of 28.51.
About ADF Group
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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