Dorel Industries (OTCMKTS:DIIBF - Get Free Report) was downgraded by stock analysts at TD Securities from a "strong-buy" rating to a "hold" rating in a research report issued on Monday,Zacks.com reports.
Separately, BMO Capital Markets raised Dorel Industries to a "hold" rating in a research note on Monday.
View Our Latest Stock Analysis on DIIBF
Dorel Industries Stock Performance
Shares of OTCMKTS:DIIBF traded down $0.02 on Monday, reaching $2.80. The company's stock had a trading volume of 2,929 shares, compared to its average volume of 5,226. Dorel Industries has a 52-week low of $2.75 and a 52-week high of $5.53. The stock has a market capitalization of $91.13 million, a P/E ratio of -0.89 and a beta of 2.77. The stock's 50-day moving average is $4.07 and its two-hundred day moving average is $4.62. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.45 and a quick ratio of 0.67.
About Dorel Industries
(
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Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.
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