BMO Capital Markets Upgrades Dorel Industries (OTCMKTS:DIIBF) to "Hold"

BMO Capital Markets upgraded shares of Dorel Industries (OTCMKTS:DIIBF - Free Report) to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

Dorel Industries Stock Down 0.7 %

Shares of DIIBF stock traded down $0.02 on Monday, reaching $2.80. 2,929 shares of the stock were exchanged, compared to its average volume of 5,226. The company has a market capitalization of $91.13 million, a price-to-earnings ratio of -0.89 and a beta of 2.77. The business's 50 day moving average price is $4.07 and its 200 day moving average price is $4.62. The company has a current ratio of 1.45, a quick ratio of 0.67 and a debt-to-equity ratio of 1.69. Dorel Industries has a twelve month low of $2.75 and a twelve month high of $5.53.

About Dorel Industries

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.