ADF Group (TSE:DRX) Shares Down 7.1%

ADF Group Inc. (TSE:DRXGet Free Report)’s stock price dropped 7.1% during mid-day trading on Wednesday . The company traded as low as C$14.83 and last traded at C$14.83. Approximately 142,041 shares traded hands during trading, an increase of 14% from the average daily volume of 125,011 shares. The stock had previously closed at C$15.97.

ADF Group Stock Performance

The stock has a market capitalization of C$276.15 million, a P/E ratio of 13.89 and a beta of 0.63. The company has a quick ratio of 1.74, a current ratio of 2.04 and a debt-to-equity ratio of 30.13. The business has a fifty day moving average price of C$15.55 and a 200-day moving average price of C$10.70.

ADF Group (TSE:DRXGet Free Report) last announced its quarterly earnings results on Thursday, April 11th. The company reported C$0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.06. The firm had revenue of C$88.39 million for the quarter, compared to the consensus estimate of C$77.10 million. ADF Group had a return on equity of 26.21% and a net margin of 11.36%. On average, sell-side analysts expect that ADF Group Inc. will post 0.2 EPS for the current year.

ADF Group Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, May 15th. Investors of record on Friday, April 26th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, April 25th. ADF Group’s dividend payout ratio (DPR) is presently 1.74%.

ADF Group Company Profile

(Get Free Report)

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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