ADF Group (TSE:DRX) Hits New 1-Year Low – Here’s Why

ADF Group Inc. (TSE:DRX) hit a new 52-week low on Friday . The company traded as low as C$6.75 and last traded at C$6.94, with a volume of 80022 shares traded. The stock had previously closed at C$7.26.

ADF Group Stock Down 4.3 %

The stock has a market cap of C$207.72 million, a P/E ratio of 3.63 and a beta of 0.57. The firm has a 50 day simple moving average of C$7.91 and a 200-day simple moving average of C$9.12. The company has a quick ratio of 1.74, a current ratio of 2.22 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.