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ADF Group (TSE:DRX) Stock Crosses Below 200 Day Moving Average - Should You Sell?

ADF Group logo with Industrials background

ADF Group Inc. (TSE:DRX - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$11.53 and traded as low as C$8.80. ADF Group shares last traded at C$8.92, with a volume of 303,341 shares changing hands.

ADF Group Price Performance

The stock has a market capitalization of C$162.34 million, a price-to-earnings ratio of 5.56 and a beta of 0.57. The company has a current ratio of 2.11, a quick ratio of 1.74 and a debt-to-equity ratio of 32.32. The company's 50 day moving average is C$9.60 and its 200 day moving average is C$11.52.

About ADF Group

(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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