Dorel Industries Inc. (OTCMKTS:DIIBF - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.39 and traded as low as $2.60. Dorel Industries shares last traded at $2.72, with a volume of 8,744 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. TD Securities lowered shares of Dorel Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, November 18th. BMO Capital Markets upgraded shares of Dorel Industries to a "hold" rating in a research report on Monday, November 18th.
Check Out Our Latest Report on DIIBF
Dorel Industries Price Performance
The stock has a market capitalization of $83.72 million, a P/E ratio of -0.81 and a beta of 2.65. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.46 and a current ratio of 0.94. The business has a fifty day simple moving average of $3.48 and a 200-day simple moving average of $4.38.
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.
Further Reading
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