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Penny Stocks Report

ADF Group Inc.

Jun 22, 2022

DRX:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price ()

 

ADF Group Inc. (TSX: DRX) is a Canadian Company specializing in the design and engineering of connections, as well as the fabrication and installation of complicated steel structures, heavy steel-built ups, and architectural metalwork.

Key Metrics: For FY2022, the company clocked a CAGR of 22.3% and 7.5% for Revenue and Gross Profit, Other than that from FY 2020, it is improving its current ratio on a sequential basis, which is a key positive.

 

Top-5 Shareholders

The top 5 shareholders have been highlighted in the Pie chart below, which forms around 15.59% of the total shareholding. Canadian Erectors, Ltd. and NCM Investments Ltd. hold the company's maximum interests at 10.24% and 2.61%, respectively. The company's institutional ownership stood at 2.61%, while strategic entities ownership stands at 13.35%.

Stock Recommendation

Markets are currently trading in a highly volatile zone due to specific macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Technical Analysis Summary


Disclaimer

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