ADF Group (TSE:DRX) Stock Price Crosses Below 200-Day Moving Average of $13.52

Shares of ADF Group Inc. (TSE:DRX) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$13.52 and traded as low as C$10.95. ADF Group shares last traded at C$11.04, with a volume of 142,284 shares traded.

ADF Group Stock Performance

The firm has a 50 day moving average of C$12.99 and a two-hundred day moving average of C$13.52. The stock has a market cap of C$196.51 million, a PE ratio of 6.73 and a beta of 0.62. The company has a debt-to-equity ratio of 32.32, a current ratio of 2.11 and a quick ratio of 1.74.

ADF Group Increases Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 17th. Shareholders of record on Friday, September 27th will be given a dividend of $0.02 per share. This is a positive change from ADF Group’s previous Semi-Annual dividend of $0.01. The ex-dividend date is Friday, September 27th. ADF Group’s payout ratio is 2.44%.

ADF Group Company Profile

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.